Monday, July 8, 2024

Oil and gas reserves found in Mianwali

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ISLAMABAD: The Mari Petroleum Company Limited (MPCL) announced to have discovered reserves of crude oil, condensate and natural gas in its Karak Block’s Kalabagh Well in Mianwali.

In a statement issued here, the company said the hydrocarbon deposit was found in Kalabagh-1A ST1 Well. The Karak Joint Venture is operated by MPCL which holds 60 per cent working interest and the MOL of Hungary with 40 per cent share.

The discovery is the company’s second success in the block, after its first major crude oil discovery at Halini Well-1 in 2011.

The Kalabagh-1A ST1, spud-in on March 20, 2015, is the company’s second exploratory well in the Karak Block, drilled down to a depth of 3,003 metres in Datta Formation.

During testing, the well flowed gas and condensate in Datta Formation at a rate of 3.3 million cubic feet of gas per day and 160 barrels of crude with wellhead pressure of 694 Psi at 32/64 choke size.

“The gas discovery has an excellent heating value of 1144 BTU/SCF and its Condensate API is 52 @600F,” the company said.

It also said the well had been successfully tes­ted in Samanasuk Forma­tion, which also flowed gas and condensate at a rate of 4.68 million cubic feet of gas and 180 barrels of crude per day at a wellhead pressure of 926 Psi at 36/64, choke size with excellent gas heating value of 1128 BTU/SCF and Conden­sate of 58 @600F API.

The testing of Lockhart Forma­tion flowed commercial quantity of Crude Oil @500 barrels a day with wellhead flowing pressure of 155 psig of 22 API @600F at 32/64 choke size-Dawn

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