Pakistan Petroleum Limited (PPL) stated that it discovered another great reserve in District Attock, Punjab following drilling the deepest well in Pakistan’s history.
Engineers of the company made their approach to the final depth of 5,827 metres on November 7, this year, as stated the company.
“Based on wire-line logs, a hydrocarbon bearing zone was identified within the Lockhart formation, which flowed 468 barrels per day of oil along with 0.617 mmcfd gas,” said the company.
“This is the deepest oil discovery in Pakistan and has opened up a new play in the western Potwar area.”
PPL, which is official operator of Dhok Sultan block, has 75% working interest in the block as well as its joint project partner Government Holdings (pvt), which holds 25% stake.
“An acid stimulation is planned to be carried out after completion of the well which is expected to increase the flow rates of hydrocarbon.”
Controlled by government, the company has been dragged into number of controversies over politically provoked appointments, PPL has gained a tiny feat with the X-1 hit in many distinct ways.
Meanwhile, the gas production from gas in the country has gradually been increasing for many years and has reached to about 100,000 barrels a day.