 |
|
ATTOCK: Prime Minister Shahid
Khaqan Abbasi along with Chief Minister Punjab Muhammad Shehbaz Sharif
inaugurating Pakistan Oil Fields Limited Jhandial Well-1 at Jhandial.-APP
|
Our Correspondent
ISLAMABAD: Prime Minister Shahid Khaqan
Abbasi, on Friday, inaugurated one of the largest oil and gas reserves from
Jhandial well, which according to preliminary estimates indicates recoverable
reserves of at least 292 billion standard cubic feet of gas and 23 million
barrels of oil.
Chief Minister Punjab Shahbaz Sharif, Minister for Defence Khurrum Dastgir
Khan, Minister for Parliamentary Affairs Sheikh Aftab and Minister of State for
Petroleum Jam Kamal were present during the occasion.
It is the first major discovery by the Pakistan Oil fields Limited (POL)
in the last five years. Jhandial well is located in Ikhlas Block in Northern
Potohar, about 83 kilometers Southwest of Islamabad in District Attock. The
Jhandial discovery is expected to contribute to the country's energy
sustainability while also having a positive impact on the future of exploratory
efforts in the block and surrounding areas.
The POL holds 80% share in the block whereas the Attock Oil Company (AOC)
has a 20% share. The drilling of the deep exploratory well Jhandial-1 was
proposed after acquisition and interpretation of 3D seismic data.
The Prime Minister was informed that the well was drilled to a total depth
of 18,497 feet to test the Eocene and Paleocene carbonate reservoirs. During
tests, significant amount of hydrocarbons (oil and gas) were discovered with
flow rates of 21 million cubic feet of gas and 2,520 barrels of oil per day at
choke size of 40/64 at well head flowing pressure of 3,768 psi.
The American Petroleum Institute (API) gravity of the oil is around 40ø
and the gas has a rich calorific value of 1,161 British Thermal Units per
standard cubic feet of gas. The gas composition analysis indicates that it
contains about 86% methane, 7.2% ethane and 2.9% propane. The LPG content of
the gas is about 2.5 metric tons per million cubic feet of gas.
M. Imran Sharif born in Hyderabad Sindh, he initially worked as a photographer with Pakistani newspaper and currently working as a special correspondent in The Financial Daily since August 2007, He began his journalistic career with Daily Imroz as a photographer.
2 years after serving in Imroz, he served as Special Correspondent of the monthly "Awami Awaz" Hyderabad.
No comments:
Post a Comment