KARACHI: Pakistan Petroleum Limited (PPL), along with Government Holdings (Private) Limited and Asia Resources Oil Limited, has announced another gas-condensate discovery in District Sanghar, Sindh.
According to the country’s second largest state-run exploration and production company, this is the fourth discovery in the block at exploratory well Kinza X-1 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 3,695 metres on September 13, 2014. The expected output from the well will translate into approximately 2,100 barrels per day in oil equivalent and foreign exchange saving of about $200,000 per day.
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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.
