KARACHI (PR): In less than six weeks after its last discovery in exploratory well Sharf X-1 in company-operated Gambat South Block, PPL announced another gas-condensate discovery from exploratory well Adam West X-1 in Hala Block, District Matiari, Sindh.
Hala Block is a joint venture with PPL as operator with 65 per cent working interest and the remaining 35 per cent stake held by Mari Petroleum Company Limited.
Initial testing in the Massive Sand of Lower Goru Formation flowed 18.6 MMscfd of gas along with 31 barrels per day condensate at 32/64” choke, thereby confirming the presence of commercial quantities of natural gas and condensate at Adam West X-1.
At current estimates, flow potential of Adam West X-1 translates into approximately 3,200 barrels per day in oil equivalent, resulting in potential foreign exchange saving of USD 355,000 per day.
However, the well is being flowed at different choke sizes to measure gas flow, full potential of which will be determined after completion of the test.