KARACHI: Pakistan Petroleum Ltd (PPL) has made a gas and condensate discovery from exploration well Jhim East X-1, in Block 2467-16 (Shah Bandar), located in District Sujawal, Sindh.

This is the second discovery in the Shah Bandar Block.

Block 2467-16 Exploration Licence is operated by the PPL with 63 per cent working interest along with joint venture partners Mari Petroleum Company Ltd with 32pc stale followed by Energy Holding Company Ltd and Government Holdings Pvt Ltd (GHPL) with 2.5pc each.

In a stock filing on Monday, PPL said the exploration well Jhim East X-1 was drilled to a depth of 2,545 metres to test the hydrocarbon potential of the Upper Sand of Lower Goru Formation. Based on the drilling results and acquired wireline logs, potential hydrocarbon-bearing zones were identified.

During testing of Lower Goru Upper Sand (A Sand), the well flowed 13.69 million standard cubic feet per day of gas and 236 barrels per day of condensate at a well-head flowing pressure of 2,668 psig at 32/64“ choke.

The well is being further evaluated to get the necessary information about its performance. The well was drilled and tested by utilizing indigenous expertise.

PPL said this discovery will add hydrocarbon reserves and also enable the energy sector to reduce the gap between the supply and demand of oil and gas during the current energy crisis in the country and will save significant foreign exchange for the country.

Published in Dawn, November 21st, 2023