ISLAMABAD, Aug 16 (APP):The TAL Joint Venture, comprising MOL Pakistan Oil & Gas Co. B.V. (Operator), Oil & Gas Development Company Limited (OGDCL), Pakistan Petroleum Limited (PPL), Pakistan Oilfields Limited (POL), and Government Holdings Private Limited (GHPL), has discovered of gas condensate from the Lockhart Formation in the Razgir-1 exploratory well, located in district Kohat, Khyber Pakhtunkhwa.
The well was spudded on January 9, 2024, and has been successfully drilled to a depth of 3,773.98 meters True Vertical Depth (TVD), according to a news release.
Based on the interpretation of wireline log data, the Lockhart Formation (Exploratory Target) was tested successfully (post-aci
d stimulation) at a rate of approximately 17.9 million Standard Cubic Feet per Day (MMSCFD) of gas and 153 Barrels per Day (BPD) of condensate, with a
choke size of 40/64 inches and a Wellhead Flowing Pressure (WHFP) of 2,017 Pounds per Square Inch (Psi).
This discovery mitigates risks associated with further exploration in the TAL Block, presenting new growth opportunities.
This find is expected to enhance the country’s energy security by utilizing indigenous resources and contribute to the hydrocarbon reserves base of MOL, its Joint Venture partners, and the nation.
