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PPL strikes gas at Pakistan onshore wildcat Sharf X-1

05th August 2014

Pakistan Petroleum Limited (PPL), the operator of Gambat South Block (2568-18), has announced another gas and condensate discovery over its exploration well Sharf X-1 located in District Sanghar, Sindh

PPL strikes gas at Pakistan onshore wildcat Sharf X-1
Exploration well Sharf X-1 was spudded on April 18, 2014 and reached the final depth of 3,730 metres on July 6, 2014

This is the third discovery in the block after gas and condensate discoveries from Wafiq X-1 and Shahdad X-1.

PPL has a 65 per cent working interest (WI) in the block, along with its joint venture partners Government Holdings Private Limited (GHPL) and Asia Resources Oil Limited (AROL), with 25 per cent and 10 per cent WI, respectively

Exploration well Sharf X-1 was spudded on April 18, 2014 and reached the final depth of 3,730 metres on July 6, 2014.

Based on wireline logs, potential hydrocarbon bearing zones were identified which are under testing.

Initial testing in the massive sand of lower goru formation flowed 42 MMscfd gas along with 199 bbl/d condensate at 64/64” choke size, thus confirming the presence of commercial quantities of natural gas and condensate at Sharf X-1.

Two additional zones have been identified that will be tested later, resulting in an expected cumulative production of 60 MMscfd, which translates into approximately 7400 barrels per day in oil equivalent and foreign exchange saving of USD 0.75m per day.

The well is being flowed at different choke sizes to measure the gas flow rates, actual flow potential of the well will be determined after completion of the test.

This discovery will add more hydrocarbon reserves and also reduce the gap between supply and demand of oil and gas during current energy crisis in the country.

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