POL informs about encounter of hydrocarbons in Makori Deep-02 well in latest update

News Image

MG News | August 22, 2019 at 02:43 PM GMT+05:00

0:00

August 22, 2019 (MLN): Pakistan Oilfields Limited in its latest notification has informed that as per the information received from MOL, the operator of TAL Block, hydrocarbons have been encountered in Development well Makori Deep-02, which has been drilled and is currently under testing phase.

As a result of Drill Stem Test (DST) conducted at the well to test the potential of Lockhart formation, the well has tested 18.25 MMscf of gas per day at 32/64" fixed choke size at the flowing wellhead pressure of 3,767 psi.

Production from the well is expected to start from December, 2019.

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 pre-commerciality working interest of Pakistan Oilfields Limited is (25%)

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 189,166.83
407.93M
0.79%
1478.66
ALLSHR 112,809.65
875.49M
0.16%
181.96
KSE30 58,207.71
147.51M
1.27%
729.47
KMI30 269,497.03
190.79M
1.15%
3053.85
KMIALLSHR 72,828.34
555.24M
0.32%
235.69
BKTi 53,520.37
33.89M
-0.06%
-32.37
OGTi 38,886.75
10.61M
-1.00%
-393.22
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 89,340.00 91,290.00
88,550.00
-105.00
-0.12%
BRENT CRUDE 66.29 66.30
64.29
2.23
3.48%
RICHARDS BAY COAL MONTHLY 86.75 0.00
0.00
-3.00
-3.34%
ROTTERDAM COAL MONTHLY 98.50 0.00
0.00
-0.30
-0.30%
USD RBD PALM OLEIN 1,071.50 1,071.50
1,071.50
0.00
0.00%
CRUDE OIL - WTI 61.28 61.36
59.52
1.92
3.23%
SUGAR #11 WORLD 14.73 14.98
14.72
-0.23
-1.54%

Chart of the Day


Latest News
January 24, 2026 at 12:03 PM GMT+05:00

Money supply nears Rs47tr as of Dec


January 24, 2026 at 11:02 AM GMT+05:00

Key Pakistan Market Stats and Economic Indicators


January 23, 2026 at 05:03 PM GMT+05:00

PSX Closing Bell: Easy Does It


January 23, 2026 at 04:42 PM GMT+05:00

ECO taps Pakistan’s NEOC regional DRR hub



Top 5 things to watch in this week

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