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Saturday September 07, 2024

POL discovers ‘significant hydrocarbon’ in Attock

By Our Correspondent
July 16, 2024
An undated image of a site of MOL Pakistan Oil and Gas Company — MOL Pakistans website
An undated image of a site of MOL Pakistan Oil and Gas Company — MOL Pakistan's website

KARACHI: Pakistan Oilfields Limited (POL) has announced a significant hydrocarbon discovery from its Jhandial-03 well in the Ikhlas block of Attock District.

The company, in a statement to the Pakistan Stock Exchange (PSX) on Monday, said that a significant quantity of hydrocarbons was discovered from the well.“The drilling of Jhandial-03 well was commenced on October 12, 2023, and the well was drilled till the depth of 17,778 feet in the base Lockhart Formation,” said the statement.

“Jhandial-03 well was drilled with the objective to appraise already discovered hydrocarbons in the Sakesar formation (Eocene) and to explore the potential of deeper Lockhart and Patala formations (Paleocene).”The well has currently been completed in the Sakesar formation and the following are the details of flow rates at different choke sizes.

Choke Size Well head Flowing OIL Barrels per day Gas Million Cubic Feet

Pressure (WHFP)PSI (BOPD) per day (MMSCFD)

28/64” 3,170 714 10.2

24/64” 4,134 701 9.6

20/64” 5,412 677 8.4

16/64” 6,718 767 7.4