Pakistan Discovers Significant Oil and Gas Reserves in Eastern Province
Pakistan Petroleum Limited (PPL) has made a significant oil and gas discovery in the Attock district of the eastern Punjab province. The discovery, which was announced on Friday, marks the second deepest oil discovery in naturally fractured carbonate in the Pothohar region. The well, drilled to a depth of 5,815 meters, tested the hydrocarbon potential of the Patala and Lockhart formations, and flowed 1,469 barrels per day of oil and 2.56 million standard cubic feet per day of gas at a wellhead flowing pressure of 1,147 pounds per square inch gauge.
Key Takeaways:
- The Dhok Sultan-03 well discovery is a major milestone for PPL and its partner, the Government Holdings Private Limited (GHPL), with a 75% working interest and 25% working interest, respectively.
- The well is the second deepest oil discovery in naturally fractured carbonate in the Pothohar region, highlighting PPL's expertise in overcoming drilling challenges and optimizing well design.
- The discovery is expected to make a meaningful contribution to Pakistan's energy mix by adding additional hydrocarbon reserves and saving significant foreign exchange for the country through indigenous hydrocarbon production.
- Imran Abbasy, PPL Managing Director, emphasized that the discovery is a testament to PPL's in-house expertise, perseverance, and commitment to energy security.
- The discovery follows the announcement by Mari Energies in February of new oil and gas reserves in the northwestern Khyber Pakhtunkhwa province, which flowed 12.96 million standard cubic feet per day of gas and around 20 barrels per day of condensate.
Statistics:
- The Dhok Sultan-03 well flowed 1,469 barrels per day of oil and 2.56 million standard cubic feet per day of gas at a wellhead flowing pressure of 1,147 pounds per square inch gauge.
- On a 48/64" choke, the well flowed 2,113 barrels per day of oil and 4.13 million standard cubic feet per day of gas at a wellhead flowing pressure of 813 pounds per square inch gauge.
- PPL holds a 75% working interest in the Dhok Sultan block, while the Government Holdings Private Limited (GHPL) holds a 25% working interest.
Sources:
- [Source 1: Pakistan Petroleum Limited. 2023. "PPL Makes a Significant Oil and Gas Discovery in the Attock District."]
- [Source 2: Mari Energies. 2023. "New Oil and Gas Reserves Discovered in North Western Pakistan."]
- [Source 3: Government Holdings Private Limited. 2023. "GHPL and PPL Collaborate on Oil and Gas Exploration."]