PPL makes discovery in Punjab

KARACHI: Pakistan Petroleum Limited (PPL) has announced a discovery of hydrocarbons at Dhok Sultan X-1 in Dhok Sultan block, Punjab.

PPL has 75 percent working interest in the exploration licence. Government Holdings Private Limited (GHPL) shares 25 percent interest in the block, according to a bourse filing on Friday.

Dhok Sultan X-1 was spud on December 25, 2014 and reached the final depth of 5,827 metres on November 7, 2015.

Based on wireline logs, a hydrocarbon bearing zone was identified within the Lockhart formation, which flowed 468bbl / day oil along with 0.617mmscfd gas at 20/64 inches choke size during testing.

This is the deepest oil discovery in Pakistan and has opened up a new play in the Western Potwar area.

An acid stimulation plans to be carried out after completion of the well, which is expected to increase the flow rates.