The TAL Joint Venture, consisting of MOL Pakistan Oil & Gas Co BV (Operator), Oil & Gas Development Company Limited (OGDCL), Pakistan Petroleum Limited (PPL), Pakistan Oilfields Limited (POL), and Government Holdings Private Limited (GHPL), has announced the discovery of gas condensate in the Razgir-1 Exploratory well, located in the Kohat district of Khyber-Pakhtunkhwa province, according to a press statement released on Friday.
As per the statement, the Razgir-1 well was spudded on January 9, 2024, and successfully drilled to a depth of 3,773.98 meters Total Vertical Depth (TVD).
The interpretation of wireline logs data indicated the presence of hydrocarbons in the Lockhart Formation, the exploratory target.
The formation was tested successfully, following acid stimulation, producing approximately 17.9mmscfd of gas and 153bpd of condensate.
These results were achieved at a choke size of 40/64" with a Wellhead Flowing Pressure of 2,017 pounds per square inch.
This new discovery in the Lockhart Formation has de-risked further exploration within the TAL Block, unlocking additional opportunities for future exploration.
Moreover, the discovery will contribute to improving the country's energy security by utilizing indigenous resources and adding to the hydrocarbon reserves of MOL, its joint venture partners, and Pakistan.
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