ISLAMABAD – Pakistan Oilfields Limited (POL), Operator of Pindori D&P Leasehas tested hydrocarbons from its Development Well Pindori-10, located indistrict Rawalpindi, Punjab.
In a notification link tothe Pakistan Stock Exchange, the company announced that the drilling ofPindori-10 was commenced on January 28, 2019, and achieved its target depthat 13,701 feet.
As a result of Drill Stem Test (DST) conducted at the well to test thepotential of Lockhart Formation, the well has tested the followinghydrocarbons:*CHOKE* *PRODUCTION PARAMETERS* *OIL (BARRELS PER DAY)* *GAS (MILLIONSTANDARD CUBIC FEET PER DAY* *WATER (BARRELS PER DAY)* *WHFP*20/64” Fixed Minimum 655 2.57 220 2,85020/64” Fixed Maximum 1,103 2.98 397 3,06820/64” Fixed Average 832 2.76 330 2,951
The testing of well is in progress, said the notification. It alsohighlighted that a Drill Stem Test (DST) is a procedure for isolating andtesting the surrounding geological formations through the drill stem.
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It is a measurement of pressure behavior at the drill stem and is a way toobtain important fluid sampling information and to establish theprofitability of commercial production. It should be kept in mind that theactual production may differ from the test results, noted the company.
Pakistan Oilfields Limited (POL) has 35% working interest in Pindori D&PLease while Oil and Gas Development Company Limited (OGDCL) and The AttockOil Company Ltd. (AOC) hold 50% and 15% share respectively.
