Gas discovery in Sindh's Kirthar Block: PPL, POGC strike gold with Rayyan-1 Well

News Image

MG News | April 03, 2023 at 10:17 AM GMT+05:00

0:00

April 03, 2023 (MLN): Pakistan Petroleum Limited (PSX: PPL) on Monday disclosed that a gas discovery has been made from the exploratory well Rayyan-1 in Kirthar Block (2667-7), located in District Dadu, Sindh Province.

The aforesaid exploratory well is operated by Polish Oil and Gas Company, PKN ORLEN Pakistan Branch (POGC) with 70% working interest along with its Joint Venture partner PPL with 30% working interest.

Rayyan-1 was spud-in on 5th December 2022 and drilled to a depth of approximately 2,446 meters.

Drill Stem Test (DST) was carried out at the said well and the well initially flowed at 7.8 million Standard Cubic Feet per Day (MMSCFD) gas with the Wellhead Flowing Pressure (WHFP) of 1,920 Pounds per Square Inch (PSI) at 28/64" choke size. Following the DST, Rayyan-1 well successfully completed and concluded the completion integrity test.

Accordingly, frac job was conducted and the well flowed at the rate of 12.88 MMSCFD gas at the Wellhead Flowing Pressure of 3,190 PSI at 28/64" choke size.

This discovery will add hydrocarbon reserves to the company, contribute to reducing the energy demand and supply gap in the country, and will save significant foreign exchange for the country through indigenous hydrocarbon production.

Copyright Mettis Link News 

Related News

Name Price/Vol %Chg/NChg
KSE100 138,412.25
167.69M
0.32%
447.43
ALLSHR 85,702.96
423.92M
0.15%
131.52
KSE30 42,254.84
82.09M
0.43%
180.24
KMI30 194,109.59
84.37M
0.15%
281.36
KMIALLSHR 56,713.67
217.03M
0.03%
16.37
BKTi 37,831.34
13.04M
1.62%
603.62
OGTi 27,440.63
3.93M
-0.09%
-23.70
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 118,325.00 119,440.00
118,260.00
30.00
0.03%
BRENT CRUDE 72.26 73.17
71.75
-0.25
-0.34%
RICHARDS BAY COAL MONTHLY 96.50 0.00
0.00
2.20
2.33%
ROTTERDAM COAL MONTHLY 104.50 104.50
104.50
-0.30
-0.29%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 68.96 69.79
68.45
-0.25
-0.36%
SUGAR #11 WORLD 16.44 16.58
16.40
-0.15
-0.90%

Chart of the Day


Latest News
July 30, 2025 at 05:17 PM GMT+05:00

Pakistan consumer confidence falls to 40.1 points in July


July 30, 2025 at 05:03 PM GMT+05:00

PKR rises by 10 paisa against USD


July 30, 2025 at 04:11 PM GMT+05:00

PSX Closing Bell: You Can’t Always Get What You Want


July 30, 2025 at 03:47 PM GMT+05:00

CCP resolves 223 cases, recovers Rs360m



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg