Hydrocarbon reserves found in D I Khan

Pakistan Petroleum Ltd discovers more Oil and Gas in Punjab

Hydrocarbon reserves found in D I Khan.

The Ministry of Energy has explored new reserves of gas and condensate from an exploratory well in the Dera Ismail Khan (DI Khan) district of Khyber Pakhtunkhwa, said the ministry in a statement.

The discovery was made in collaboration with private partners, the energy ministry added that hydrocarbon reserves found in D I Khan

A statement issued by the Ministry of Energy said that the reserves were discovered from an exploratory well namely 92 Kot Palak-1, which is located in District Frontier Region (FR) Dera Ismail Khan, Khyber Pakhtunkhwa.

“Ministry of Energy, Petroleum Division is pleased to announce that joint venture of Baska North Block (3169-4) comprising of Al-Haj Enterprises (Pvt) Ltd as operator (10.85%), Al Haj Pakistan Kirthar B.V (85%) and Government Holdings (Private) Ltd (4.15%) has discovered gas and condensate from an exploratory well namely 92 Kot Palak-1, which is located in Frontier Region (FR) Dera Ismail Khan, Khyber Pakhtunkhwa,” the statement said.

The well was drilled down to a depth of 3527 meters and as a result of drilling, potential hydrocarbon bearing zones were identified showing reserves of 39.12 million standard cubic feet per day of gas, 1840 barrels of condensate per day and 32.8 barrels of water per Day, it said.

The statement further said that the discovery will positively contribute to mitigating energy demand and supply gap from indigenous resources, less reliance on imports of oil and gas and will add to the hydrocarbon reserves base of the country.

As per details, the exploratory well was spudded in on May 7, 2022, and drilled down to a depth of 3,527 meters on November 18, 2022.

The OGDCL started the exploration of the oil and gas reserves on June 26 this year. This is the 15th Oil and Gas discovery during the current calendar year, the statement concluded.

Leave a Reply

Your email address will not be published. Required fields are marked *