Oil And Gas Discovered In Pakistan | Imran khan Told | News Pakistan
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The Petroleum Division authorities are clueless as to why Prime Minister Imran Khan time and gain announces that Pakistan is going to discover the biggest oil and gas reserves in the country’s deep sea, as drilling up to the required depth of 5,500 meters will complete by the end of April.
The Kekra-1 well, G Block has been drilled to a depth of 3,700 meters so far. In a second interaction with the media persons on Monday, Imran again reiterated that Pakistan was going to have a massive oil and gas discovery without knowing the repercussions of his announcements on the stock exchange businesses.
However, till Saturday last, dated January 9, the well was drilled at a depth of 3,700 meters which is far away from the target of 5500 meters.
So it is too much early to claim a major discovery. A top official said he did not know who was briefing the premier at this stage that a major discovery was on the cards. In kekra-1 well, he said, earlier the well was drilled to a depth of 4,900 meters when a high pressure was felt causing huge mud loss and because of unsafe operation the well was plugged. Then the first side tracking started and when it reached down to 3100 meters, then it again met failure which is why the hole was also blocked and now the second side tracking is underway owing to which the well is drilled by 3,700 meter and the target of 5500 meters is still 1,800 meters away, a top relevant official told this reporter quoting the data of ENI — the lead operator of the well. ENI, an Italian company, is operator of the Kekra well-1. Exxon Mobile, OGDCL and Pakistan Petroleum Limited (PPL) are the sleeping partners of the joint venture.
The spud drilling activities at Kekra-1 well was kicked off with $75-80 million by joint venture with 25 percent share each.
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Oil And Gas Discovered In Pakistan | Imran khan Told | News Pakistan