PPL announces fourth discovery in Gambat South

PPL announces fourth discovery in Gambat South 

KARACHI, October 14, 2014: Pakistan Petroleum Limited (PPL), operator of Gambat South Block, with 65 percent working interest (WI) along with its joint venture partners Government Holdings (Private) Limited and Asia Resources Oil Limited with 25 percent and 10 percent WI, respectively, announced another gas-condensate discovery from exploratory well Kinza X-1 in District Sanghar, Sindh. This is the fourth discovery in the block after Wafiq, Shahdad and Sharf gas-condensate discoveries.

Exploration well Kinza X-1 was spud on July 28, 2014 and reached the final depth of 3695 meters on September 13, 2014. Based on wire line logs, potential hydrocarbon bearing zones were identified in the Massive Sand of Lower Goru Formation, which are under testing. Initial testing flowed 12 MMscfd gas along with condensate at 48/64” choke size, thereby confirming the presence of commercial quantities of natural gas and condensate at Kinza X-1. The expected output from the well will translate into approximately 2100 barrels per day in oil equivalent and foreign exchange saving of USD 200,000 per day. 

However, the well is being flowed at different choke sizes to measure gas flow rates and the actual flow potential will be determined after completion of the test.