Pakistan confirms large oil and gas discovery in Khyber-Pakhtunkhwa province

[POPEYE-Sailor]

Any Reliable source or they saw in dream that Pak discover largest oil reserve ???

 

[ghazi52]

Nothing............

 

[Bilal Khan (Quwa)]

Any Reliable source or they saw in dream that Pak discover largest oil reserve ???

If it's a dream, the oil probably signifies the corruption ... No doubts there about that 'oil.'

 

[Genghis khan1]

3000 bpd? What a joke.

The plant i work at produces 240,000 bpd everyday!

That’s refinery, he is talking about oil well.

14 Jul 2020

MOL HAS MADE A GAS AND CONDENSATE DISCOVERY IN THE TAL BLOCK, PAKISTAN
MOL, as the operator of TAL Block in Pakistan, has made a new gas and condensate discovery. This marks the company’s 13th discovery in Pakistan and 10th discovery in the TAL Block.

MOL Plc. (“MOL”) hereby notifies the market participants of the following:

MOL, as the operator of TAL Block in Pakistan, has made a new gas and condensate discovery. This marks the company’s 13th discovery in Pakistan and 10th discovery in the TAL Block. The Mamikhel South-1 exploratory well successfully reached a total depth of 4,939m on 23 May 2020. Upon testing the well flowed gas and condensate from Lockhart and Hangu formation at a flow rate of 6,516 boepd (16.12 MMscf/d and 3,240 bpd, respectively), with flowing well-head pressure of 4,476 PSI at 32/64” choke. Further testing of the well is ongoing.

Dr. Berislav Gašo, MOL Group’s E&P EVP commented:

“I am delighted to announce that we have made another discovery in Pakistan. This new discovery has de-risked an exploration play in deeper reservoir in the TAL Block, leading to new upside opportunities. The Mamikhel South-1 discovery will also help to improve the energy security of the country from indigenous resources. We are thankful to our Joint Venture partners as well as the Government of Pakistan for their continued support.”

As the operating shareholder MOL is responsible for 89 mboepd gross production (as of Q1 2020) in the TAL block (MOL’s share is 8.4%). Our partners in the Joint Venture consortium are OGDCL, PPL, POL and GHPL. MOL has a proven track record of successfully operating in Pakistan’s upstream sector for 21 years and holds equity stakes in four blocks in the country.

https://molgroup.info/en/investor-r...ondensate-discovery-in-the-tal-block-pakistan

Lol yeh har dou mahne baad shuru hojate hain

These are small wells, large oil producing countries this would not be a news.

 

[Vanamali]

Congrats Pakistan ....

 

[ziaulislam]

That’s refinery, he is talking about oil well.

14 Jul 2020

MOL HAS MADE A GAS AND CONDENSATE DISCOVERY IN THE TAL BLOCK, PAKISTAN
MOL, as the operator of TAL Block in Pakistan, has made a new gas and condensate discovery. This marks the company’s 13th discovery in Pakistan and 10th discovery in the TAL Block.

MOL Plc. (“MOL”) hereby notifies the market participants of the following:

MOL, as the operator of TAL Block in Pakistan, has made a new gas and condensate discovery. This marks the company’s 13th discovery in Pakistan and 10th discovery in the TAL Block. The Mamikhel South-1 exploratory well successfully reached a total depth of 4,939m on 23 May 2020. Upon testing the well flowed gas and condensate from Lockhart and Hangu formation at a flow rate of 6,516 boepd (16.12 MMscf/d and 3,240 bpd, respectively), with flowing well-head pressure of 4,476 PSI at 32/64” choke. Further testing of the well is ongoing.

Dr. Berislav Gašo, MOL Group’s E&P EVP commented:

“I am delighted to announce that we have made another discovery in Pakistan. This new discovery has de-risked an exploration play in deeper reservoir in the TAL Block, leading to new upside opportunities. The Mamikhel South-1 discovery will also help to improve the energy security of the country from indigenous resources. We are thankful to our Joint Venture partners as well as the Government of Pakistan for their continued support.”

As the operating shareholder MOL is responsible for 89 mboepd gross production (as of Q1 2020) in the TAL block (MOL’s share is 8.4%). Our partners in the Joint Venture consortium are OGDCL, PPL, POL and GHPL. MOL has a proven track record of successfully operating in Pakistan’s upstream sector for 21 years and holds equity stakes in four blocks in the country.

https://molgroup.info/en/investor-r...ondensate-discovery-in-the-tal-block-pakistan


These are small wells, large oil producing countries this would not be a news.

Key point is not this discovery but the location ..
Traditionally KPK areas has not been explorerd this will lead to more investment in these areas..
We have mostly just focused on sindh

Any way 5000 barrels would be 5% of our production

 

[niaz]

Key point is not this discovery but the location ..
Traditionally KPK areas has not been explorerd this will lead to more investment in these areas..
We have mostly just focused on sindh

Any way 5000 barrels would be 5% of our production

For the record, exploration for oil & gas has been going on in the KPK region for at least 20 years. There have been quite a few discoveries albeit each one small in size.


Khyber Pakhtunkhwa–The New Geological Frontier for Oil, Natural Gas, and LPG: by RAZIUDDIN (RAZI) (CEO KPOGCL)

"Today it is producing more than 50% of national crude oil. It is also producing 380 million cubic feet of gas per day and 350 tons of LPG per day."

Full article:

http://kpogcl.com.pk/wp-content/upl...omist-Magazine-V.3-19-03-2015-NU-NU-AU-MR.pdf

 

[RealNapster]

The plant i work at produces 240,000 bpd everyday

Produces?