Pakistan Petroleum Announces Gas Discovery at Khairpur in Sindh

Pakistan Petroleum Announces Gas Discovery at Khairpur in Sindh

Karachi, July 2, 2024 – Pakistan Petroleum Limited (PPL) has reported a significant gas discovery in Khairpur District, Sindh Province, with the successful exploration of the Tor-1 well in the Latif Block.

According to a statement released to the Pakistan Stock Exchange (PSX), Pakistan Petroleum, in collaboration with its joint venture partners United Energy Pakistan Beta (UEP Beta) and Prime Pakistan Limited, achieved this milestone. UEP Beta operates the well with a 33.40% working interest, while Pakistan Petroleum and Prime Pakistan Limited hold 33.30% working interest each.

The Tor-1 exploratory well was initiated on May 5, 2024, and reached its target depth of 3,438 meters (measured depth). Subsequent wireline logs interpretation and Modular Formation Dynamic Tester (MDT) assessments confirmed the presence of gas in the intra-C Sand of the Lower Goru Formation.

Pakistan Petroleum disclosed that the well tested gas at a rate of 11.27 million standard cubic feet per day (MMSCFD) with a well head flowing pressure (WHFP) of 1,424 pounds per square inch (PSI) at a 40/64” choke.

“The discovery at Tor-1 is expected to bolster our hydrocarbon reserves significantly and contribute towards augmenting indigenous gas supply, thereby alleviating the country’s gas demand,” stated Pakistan Petroleum in its communication.

The announcement of this gas discovery underscores Pakistan’s ongoing efforts to enhance domestic energy production and reduce dependency on imported fuels. It is anticipated that the newly discovered reserves will play a crucial role in meeting Pakistan’s growing energy needs, particularly amidst efforts to achieve energy security and sustainability.

The successful exploration at Tor-1 marks a positive development for Pakistan’s energy sector, providing impetus for further exploration activities in the region. The discovery aligns with national objectives of fostering energy self-sufficiency and promoting economic growth through enhanced utilization of indigenous energy resources.

As Pakistan continues to prioritize energy sector reforms and exploration initiatives, stakeholders are optimistic about the potential contributions of such discoveries towards advancing national energy security goals and supporting sustainable economic development. The implications of the Tor-1 discovery are expected to resonate positively across the energy landscape, influencing future investment decisions and strategic initiatives aimed at bolstering Pakistan’s energy infrastructure.