Pakistan Oilfields Limited (POL) Friday said to have discovered hydrocarbons in Makori Deep-01 well. According to company secretary Syed Khalid Nafees, MOL, the operator of TAL Block, has reported the fresh discovery under Makori Development and Production Lease which has been drilled and is currently under testing phase.
"As a result of Drill Stem Test (DST) conducted at the well to test the potential of Lockhart formation, the well has tested 2,020 barrels per day of crude oil, 5.4 MMscf of gas per day at 40/64" fixed choke size at the flowing wellhead pressure of 1,177 psi," he said in a stock filing issued Friday.
Well stimulation through acid wash was also planned at the well and the true potential of the well shall be known after the conclusion of acid stimulation job, he said. Production from the well shall start after the completion of pipeline to the production facility. DST is a procedure for isolating and testing the surrounding geological formations through the drill stem. The test is a measurement of pressure behaviour at the drill stem and is a way to obtain important fluid sampling information and to establish the probability of commercial production. Accordingly, it should be borne in mind that actual production may differ significantly from the test results. The pre-commerciality working interest of POL is 25 percent.