Gas discovered in Tal block of NWFP

[LahoreEstate]

ISLAMABAD: MOL Pakistan Oil and Gas Company B.V as an operator of Tal block announced on Monday discovery of oil and gas reserves of around 12 mmcfd gas and 430 bbls per day condensate.

According to a company announcement, MOL Pakistan Oil and Gas Company B.V as an Operator of Tal block along with joint venture partners Government Holdings (Private) Limited, Oil and Gas Development Company Limited, Pakistan Petroleum Limited and Pakistan Oilfields Limited announced that that hydrocarbons have been encountered in its exploratory well, Maramzai-1, which is being drilled in Tal block, located in NWFP Province of Pakistan.

In the Lockhart Formation, upper 75 meters of the drilled section produced around 12 mmcfd gas and 430 bbls per day condensate.

The discovery is made in the uppermost reservoir section of the well and drilling is continued to penetrate and test the lower potentially prospective zones.

The full extent of discovery from the well will be known once the well reaches the planned total depth during next 45 days

http://www.dailytimes.com.pk/default.asp...2009_pg5_3