Islamabad June 13 2022: Petroleum Division submitted a summary for enhancement of Oil and Gas production from TAL blocks vis-a-vis provisional allocation of gas price.
Keeping in view the shortage of gas in the country, the ECC conditionally allowed M/s MOL to commence production from Tal block namely Mamikhel South. TAL JV was given the 2012 Policy Price on provisional basis till further decision of the Govt.
Petroleum Policy 2012 gas pricing is three times more than that of those flows that are priced at Petroleum Policy 2001, according to industry experts.
In July 2020, the operator of TAL Block, have been encountered with hydrocarbons in exploratory well Mamikhel South-01. As a result of Drill Stem Test (DST) conducted at the well to test the potential of Lockhart and Hungu formations, the well has tested 3,240 barrels per day of condensate, 16.12 MMscf of gas per day and 48 barrels per day of water at 32/64″ fixed choke size at the flowing wellhead pressure of 4,476 psi.
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.
As the operating shareholder MOL is responsible for 89 mboepd gross production (as of Q1 2020) in the TAL block (MOL’s share is 8.4%). MOL partners in the Joint Venture consortium are OGDCL, PPL, POL and GHPL. MOL has a proven track record of successfully operating in Pakistan’s upstream sector for 23 years and holds equity stakes in four blocks in the country.