PPL discovers gas in Sanghar

PPL discovers gas in Sanghar

PPL discovers gas in Sanghar KARACHI: Pakistan Petroleum Ltd (PPL), the operator of Gambit South Exploration Licence holding a 65 per cent working interest, said on Friday that hydrocarbon (gas) was discovered from its exploratory well Hadi X-1A, located in district Sanghar, Sindh.

In a filing with the PSX, the company identified Government Holdings Private Ltd (GHPL) and Asia Resources Oil Limited (AROL) as joint venture partners, holding a 25pc and 10pc working interest in the Gambit South Block respectively.

“A preliminary analysis of the test suggests the discovery to be tight gas. However, further evaluation is required to determine the size and commerciality of the discovery based on geological, geophysical and engineering data collected during drilling and testing of the well”, PPL told the stock exchange.

In another press release PPL observed that Hadi X-1A was spud on Feb 5, 2016 and reached a final depth of 4,020 metres on April 19, 2016. “Based on a wireline logging analysis, potential hydrocarbon bearing zones were identified in Sembar Formation. During the initial testing, an immeasurable amount of gas flowed at the surface for three days and the reservoir appeared to be tight” the PPL stated. To further evaluate the tight gas potential a frac job was conducted, after which flow rates improved significantly. The well flowed at 0.85 MMSCFD at 32/64” choke size, thus confirming the presence of natural gas at Hadi X-1A, the company concluded.

Source: http://www.dawn.com/news/1271077/ppl-discovers-gas-in-sanghar

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