Significant oil reserve discovered in Jehlum

Jun 07, 2014 12:00 AM

Mari Petroleum Company Limited (MPCL) the operator of Ghauri block situated in District Jehlum, Punjab has discovered a significant reserve of crude oil with estimated production of 5,500 barrels per day, the company announced. According to a spokesman of the MPCL, the block was jointly operated by MPCL along with joint partners Pakistan Petroleum Limited (PPL) and Hungarian MOL.

The spokesman said that 5,500 barrels of oil production per day with 1100 psi at 32/64 choke size with an estimated production of 22 million barrels reserves have been made at Sohawa. As per Petroleum Ministry officials after the current discovery country''s crude oil production has crossed 100,000 barrel mark per day from current production of 97,000 barrel per. "Pakistanis will have soon many other good news as the oil/gas exploration and production companies are working in a block in Hangu District of KP and are of the firm believe that from this area they will find one of the biggest oil/gas reserve of the country," he added.

The Ghauri X-1 Well is located at village Dhemak in district Jhelum. The 3800 meter deep Ghauri Well discovery is a landmark achievement being the first hydrocarbon discovery in the eastern part of Potohar Plateau. It would go a long way in exploiting the so far un-tapped potential in the area for other E&P Companies operating in this region.

Though the in-place oil reserves are estimated at 22 million barrels with expected additional volume in the Kussak Formation, which has also flowed Oil at the rate of 136 barrels /Day with nitrogen kick off owing the tight nature of the reservoir, this well is considered to be among the top ranking oil producing wells in the country.

Lieutenant General Nadeem Ahmed (Retd) CEO/MD of Mari Petroleum Company Limited while addressing the employees on this historic occasion said "By the grace of Almighty Allah and dedicated efforts of MPCL''s team along with participation of J.V partners and the office of Directorate General Petroleum Concessions, we have made a major oil discovery in Sakessar Formation, eastern Potohar region in Ghauri X-1 Well.

The GJV comprises MPCL-Operator with 35% working interest, PPL and MOL 35% and 30% respectively. With Ghauri X-1 discovery the company has made yet another success; following its last month''s discovery of gas/condensate in its Sujjal Well located in Thatta District of Sindh Province. Ghauri X-1 discovery has further enhanced MPCL exploration well success rate, which already ranked as the highest in the country. MPCL presently, operates 2 Development & Production Leases, 9 Exploration Blocks and has joint venture interest share in six other Exploration Blocks.

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