KARACHI: Pakistan Petroleum Limited (PPL) has announced the discovery of new gas reserves in the Kotri Block-I area of District Jamshoro, according to a notification sent to the Pakistan Stock Exchange (PSX), as per the report.
The company stated that drilling at the “Barki-1” well in the Kotri Block began on July 21 and reached a depth of 3,392 feet, where hydrocarbons were found.
During the completion integrity test, the well produced 1.5 million standard cubic feet per day (MMSCFD) of gas.
After acid stimulation treatment, the production increased to 5.5 MMSCFD. The well is currently flowing at a pressure of more than 460 pounds per square inch (psi), PPL said.
The company added that evaluation work is now underway to assess further gas potential in the Kotri North Block, marking another step forward in Pakistan’s domestic energy exploration.
Earlier, the Oil & Gas Development Company Limited (OGDCL) also announced the discovery of additional oil and gas reserves in Sindh.
In a notice to the PSX, OGDCL confirmed a gas and condensate discovery from the exploratory well “Faakir-1” in Khairpur district.
The well is operated by OGDCL, which holds a 95% working interest, in partnership with Government Holdings (Private) Limited (GHPL), holding the remaining 5%.
“Faakir-1 was spudded on December 31, 2024, as an exploratory well and drilled to a total depth of 4,185 meters in the Sembar Formation,” OGDCL said.
“Based on wireline log interpretations, two Drill Stem Tests (DSTs) were conducted in the Lower Goru Formation, targeting massive and basal sand intervals.”
“The combined test results showed a production of 6.4 million standard cubic feet of gas per day (MMSCFD) and 55 barrels per day (BPD) of condensate through a 32/64″ choke,” the company added. “The wellhead flowing pressures were recorded at 450 psi for DST-1 and 850 psi for DST-2.”