August 19, 2024 (MLN): Pakistan Oilfields Limited (PSX: POL) and Oil & Gas Development Company Limited (PSX: OGDC) have discovered hydrocarbons at the Razgir-1 Exploratory well, located in district Kohat, Khyber Pakhtunkhwa province.
In a statement, POL said as per information received from MOL, the operator of TAL Block, hydrocarbons have been discovered as a result of Drill Stem Test (DST) conducted at the well to assess the potential of Lockhart formation.
TAL Joint Venture comprises Oil & Gas Development Company Limited (OGDC) (30% working interest), MOL Pakistan Oil & Gas Co. B.V. (the Operator) (10%), Pakistan Petroleum Limited (PPL) (30%), Pakistan Oilfields Limited (POL) (25%), and Government Holdings Private Limited (GHPL) (5%).
After Acid Stimulation Job, the well tested 17.9 MMscf of gas per day, 153 barrels per day of condensate at 40/64" fixed choke size at the flowing wellhead pressure of 2,017 psi.
Testing and completion strategy is currently being finalized for the optimum production from the well, the company said.
Laying of around twenty kilometer (20 km) flow line to connect this well with the production facility has been initiated.
A Drill Stem Test (DST) is a procedure for isolating and testing the surrounding geological formations through the drill stem.
The test is a measurement of pressure behavior at the drill stem and is a way to obtain important fluid sampling information and to establish the probability of commercial production.
"Accordingly, it should be borne in mind that actual production may differ significantly from the test results," the company added.
