September 19, 2022 (MLN): The Oil & Gas Development Company (OGDC) has informed that the Joint Venture of TAL, 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 Oilfields Limited (POL) and Government Holdings Private Limited (GHPL) has discovered gas condensate from Lockhart formation in Tolanj West-2 development well, located in district Kohat, Khyber Pakhtunkhwa Province, a notice issued to Exchange said today.
The well was spudded in on April 10, 2022, to produce Hydrocarbon from 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 has been successfully drilled down to depth of 4119.34m ND.
Based on interpretation results of wireline logs data, Lockhart Formation (Exploratory Target) was tested successfully at a rate of around 8.3 Million Standard Cubic Feet per Day (MMSCFD) gas and 34 Barrels per Day (BPD) of Condensate at choke size 32/64" at Wellhead Flowing Pressure (WHFP) of 1285 Pounds per Square Inch (Psi).
This new discovery has de-risked further exploration play in TAL Block, leading to new upside opportunities. The said discovery will also help & contribute towards improving the energy security of the country from indigenous resources and add to the hydrocarbon reserves base of the company, its Joint Venture Partners and the Country.
