POL encounters oil and gas in Makori well
Pakistan Oilfields Ltd. (POL) encountered both oil and gas in its exploratory Makori East-1 well in Tal Block.
By an OGJ correspondent
KARACHI, Dec. 20 -- Pakistan Oilfields Ltd. (POL) encountered both oil and gas in its exploratory Makori East-1 well in Tal Block.
The upper 50 m of the drilled section in the Lockhart formation produced 3,209 b/d of 37° gravity oil and 10.7 MMcfd gas during an open-hole DST at 32/64-in. fixed choke size at flowing wellhead pressure of 3,179 psi, POL executives said.
Drilling will continue to test deeper prospective horizons, the company said. It is expected to reach the planned total depth within 3 months. MOL Pakistan is operator. POL’s working interest is 25%.
The initial test was more encouraging with oil and gas flows at 3,209 b/d and the gas flow at 10.7 MMcfd. The well would increase POL's oil production to 5,800 b/d, the highest level since December 2007.
The Makori East-1 well was spudded Aug. 30 with a target depth of 4,169 m in Tal block in the North-West Frontier Province. Other joint venture partners include Oil & Gas Development Corp (OGDC) and Pakistan Petroleum Ltd. (PPL) both having 27.7% stakes.