KARACHI: Pakistan Oilfields Ltd (POL) in a notice to bourse said that hydrocarbons have been encountered in development well Makori Deep-02.
The information was received from operator of the TAL block, Mol, which drilled the well and is currently testing it.
The company further said that as a result of Drill Stem Test (DST) conducted to test the potential of Lockhart formation, the well has tested 1,844 barrels per day of oil and 18.25MMscf of gas per day at 32/64 inch fixed coke size at the flowing wellhead pressure of 3,767 psi.
Production from the well is expected to start from December with POL’s pre-commerciality working interest at 25 per cent.
