Friday, April 1, 2016

MOL Group makes 11th hydrocarbon discovery in Pakistan

BUDAPEST -- #MOLGroup has announced a new #hydrocarbon discovery in the #Karak block in Pakistan. The block is operated by Mari Petroleum Company Limited (MPCL) with 60% working interest, while #MOL #Pakistan Oil & Gas Co. B.V. has 40% in the block.

The Halini-Deep-1 discovery constitutes as the third consequent discovery in the block, following two previous successes (Halini-X-1 in 2011, and Kalabagh-1A in 2015). The Halini-Deep-1 well was drilled to a depth of 5,900 m. Subsequent to the drill-stem test, a new, deeper reservoir (Samana Suk) was added to the already known higher reservoirs (Lumshiwal, Hangu, Lockhart). The completion integrity test has been conducted with flow rates of 1,425 bopd oil and 1.18 mmscf/day gas (~200 boepd). Operator expects first oil by end of H1.


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