August 31, 2022 (MLN): Oil & Gas Development Company Limited (PSX: OGDC) announced on Wednesday a gas discovery from the deeper Samanasuk & Shinawari formations of Tolanj West Development & Production Lease (D&PL) in the Tolanj West-2 development well, which is located in district Kohat, Khyber Pakhtunkhwa Province (KPK).
In a notice sent to the Pakistan Stock Exchange (PSX), the company stated: “The TAL Joint Venture comprising MOL Pakistan Oil & Gas Co. B.V. (Operator), Oil & Gas Development Company Limited (OGDCL) (30% working interest in exploratory phase), Pakistan Petroleum Limited (PPL), Pakistan Oilfield Limited (POL) and Government Holdings Private Limited (GHPL) have discovered gas from the deeper Samanasuk & Shinawari formations of Tolanj West Development & Production Lease (D&PL) in the Tolanj West-2 development well, which is located in district Kohat, Khyber Pakhtunkhwa Province.”
OGDCL said that the well was spudded-in on 10th April 2022 to produce the already discovered horizon of Tolanj West D&PL i.e. Lumshiwal Formation and to test the Hydrocarbon potential of Lockhart & Shinawari & Samanasuk Formations (as exploratory targets).
The well was successfully drilled down to a depth of 4119.34 m TVD.
Based on interpretation results of wireline logs data, the deeper Samanasuk & Shinawari formations were tested successfully at a rate of around 2.25Million Standard Cubic Feet per Day (MMSCFD) of gas through choke size 32/64" at Wellhead Flowing Pressure (WHFP) of 374 Pounds per Square Inch (Psi).
The company said, "Further testing operations are ongoing to evaluate the full potential of the well."
The new discovery has de-risked an exploration play in deeper reservoirs over Tolanj West D&PL & in TAL Block, leading to new upside opportunities. This discovery will also help & contribute towards improving the energy security of the country from indigenous resources and add to the hydrocarbon reserves base of MOL, its Joint Venture Partners and the country, it added.
Copyright Mettis Link News
Posted on:2022-08-31T12:42:17+05:00
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