Islamabad July 29 2024: MOL, a Hungarian multinational Oil and Gas company and the operator of TAL Block, have discovered hydrocarbons in exploratory well Razgir-1, which was spudded on January 09, 2024 and has been drilled down to the depth of 3,950 meter, according to the filing made by its partner Pakistan Oil Field at Pakistan Stock Exchange.
As a result of Drill Stem Test (DST) conducted at the well to test the potential of Lumshiwal formation, the well has tested 20 MMscf of gas per day and 250 barrels per day of condensate at 40/64″ fixed choke size at the flowing wellhead pressure of 2,348 psi.
Testing operations are still in progress to ascertain the true potential of the well.
A Drill Stem Test (DST) is a procedure for isolating and testing the surrounding geological formations through the drill stem. The test is a measurement of pressure behavior at the drill stem and is a way to obtain important fluid sampling information and to establish the probability of commercial production. Accordingly, it should be borne in mind that actual production may differ significantly from the test results.
The pre-commerciality working interest of MOL, Pakistan Petroleum Limited (PPL), Oil and Gas Company Limited (OGDC) and Pakistan Oilfields Limited is 10%, 25%, 25% and 25%, respectively.
