ISLAMABAD: The Pakistan Petroleum Limited has announced another discovery of gas and condensate in Sindh.

It said on Tuesday that the discovery was made from exploratory well Kinza X-1 in Sanghar district. This is the fourth discovery of gas-condensate in the block after Wafiq, Shahdad and Sharf, according to the country’s second largest state-run exploration and production company.

Exploration well Kinza X-1 was spud on July 28 this year and reached the final depth of 3,695 metres on Sept 13. Based on wire line logs, potential hydrocarbon bearing zones were identified in the Massive Sand of Lower Goru Formation which are now under testing.

Also read: New gas reserves discovered in Sanghar

Initial testing flowed 12 MMscfd (million cubic standard cubic feet per day) gas along with condensate at 48/64 choke size, thereby confirming the presence of commercial quantities of gas and condensate at Kinza X-1. The expected output from the well will translate into approximately 2,100 barrels per day in oil equivalent and foreign exchange saving of about $200,000 per day.

The company said the well was being flowed at different choke sizes to measure gas flow rates and the actual flow potential would be determined after completion of the test.

In August this year, the company had found new reserves of gas and condensate in Sharf X-1 of the same Block 2568-18 (Gambat South). The PPL with 65 per cent working interest is the operator of the block. The other partners in the joint venture are Government Holdings Private Limited with 25pc share and Asia Resources Oil Limited with 10pc.

The cumulative gas production from the four wells is expected to be 60 MMscfd, approximately 7,400 barrels per day in oil equivalent, valued in foreign exchange at $750,000 per day.

Published in Dawn, October 15th, 2014