KARACHI: The Pakistan Petroleum Limited (PPL), one of the country’s leading oil and gas exploration and production companies, has discovered “significant” oil and gas reserves in the Attock district of the eastern Punjab province, it said on Friday.
This landmark discovery at Dhok Sultan-03 well is not only a major milestone for PPL and its partner, the Government Holdings Private Limited (GHPL), but also marks the second deepest oil discovery in naturally fractured carbonate in the Pothohar region, according to PPL.
The exploration firm, as operator of the Dhok Sultan block with a 75 percent working interest (WI) alongside GHPL’s 25 percent WI, spudded the well on January 18. Drilled to a depth of 5,815 meters, the well tested the hydrocarbon potential of the Patala and Lockhart formations.
The well flowed 1,469 barrels per day of oil and 2.56 Million Standard Cubic Feet per Day (MMscfd) of gas at Wellhead Flowing Pressure (WHFP) of 1,147 Pounds per Square Inch Gauge (psig) on a 32/64” choke, and 2,113 barrels per day of oil and 4.13 MMscfd of gas at WHFP of 813psig on a 48/64” choke.
“This discovery is a result of rigorous geological, geophysical and reservoir engineering data analyzes and integration that helped in overcoming the drilling challenges by optimizing the well design that resulted in saving drilling days and cost optimization,” PPL said.
