In a statement sent to the Pakistani Stock Exchange (PSX) on Thursday, Pakistan Petroleum Limited said it had discovered a hydrocarbon exploration well in the Latif (“Block”) Gujan-1 block in Sindh.

PPL’s ​​shareholding in the venture is 33.30%; Eni Pakistan Limited owns 33.30% and United Energy Pakistan Limited (UEPL), former BP Pakistan operator of the block, owns the remaining 33.40%.

“The well was drilled and tested using the operator’s own experience and in consultation with the group’s joint venture partners. The well was drilled to a depth of 11,350 feet and the target reservoir was Lower Guru Sands, ”the statement said.

PPL reported that sand zone B (11.122-11.132 ft KB) was drilled after completion of the well, producing 12.6 million constant cubic meters of gas per day (Mscfd) of gas to the FWHP (wellhead flow pressure). with gas at 28/64 inches choke size.

After testing sand B, sand C (10,300 ft to 10,310 ft) was also perforated, with 13.7 million constant cubic meters of gas per day (MMscfd) flowing into the FWHP (main stream pressure). (psi) and gas at 28/64 choke size, PPL added.

The discovery came just days after Oil and Gas Development Company Limited (OGDCL) announced the discovery of gas and condensate Oil reserves in Khyber Pakhtunkhwa (KPK). OGDCL discovered gas and condensate above the Hangu Formation as a result of exploration at Wali # 01 well located in FR Lakki, KPK.

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