[vc_row][vc_column][vc_column_text dp_text_size=”size-4″]Rayyan-1, an exploratory well in Kirthar Block (2667-7) in Dadu, Sindh, has discovered gas reserves, according to Pakistan Petroleum Limited (PPL), the country’s largest petroleum exploration and production company, in a notice to the Pakistan Stock Exchange (PSX) on Monday.
The Kirthar Block is operated by the Polish Oil and Gas Company, PKN ORLEN Pakistan Branch (POGC), which owns 70% of the company, and its joint venture partner, PPL, which owns 30%.
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“Rayyan-1 was spud-in on 5th December 2022 and drilled to a depth of approximately 2.446 meters. Drill Stem Test (DST) was carried out at the said well and the well initially flowed at 7.8 million standard cubic feet per day (mmscfd) gas with the Wellhead Flowing Pressure (WHFP) of 1,920 Pounds per square inch (Psi) at 28/64” choke size,“ read the statement to the PSX.
“Following the DST, Rayyan-1 well successfully completed and concluded the completion integrity test. Accordingly, frac job was conducted and the well flowed at the rate of 12.88 mmscfd gas at the WHFP of 3,190 Psi at 28/64” choke size,“ it added.
PPL stated that the latest discovery will increase the company’s hydrocarbon reserves.
With its domestic gas reserves depleting, Pakistan is increasingly reliant on imported LNG to meet its energy needs. According to the company, the latest discovery will help reduce the country’s energy demand and supply gap, as well as “save significant foreign exchange for the country through indigenous hydrocarbon production.”
PPL discovered hydrocarbons in the Latif Block of Sindh last year via the exploratory well Mohar-1. PPL had discovered hydrocarbons in the same block via an exploratory well, Jugan-1.[/vc_column_text][/vc_column][/vc_row]
