The Pakistan Oil Limited (POL) has discovered its largest oil and natural gas reservoir in the Jhandial well located in Ikhalas block. The reservoir was discovered was after the block was drilled at about 18497 ft to the Paleocene base when a significant amount of hydrocarbon was encountered in Sakessar, Nammal and Patala formations.
Jhandial well is located in Ikhlas Block in Northern Potwar, about 83 kilometers Southwest of Islamabad in Attock district. POL holds 80 per cent share in the block whereas the Attock Oil Company (AOC) has a 20 percent share.
According to the Associated Press of Pakistan, the discovery is one of the largest made in last five years. POL is now going to connect the well with production line within two weeks. During the drilling, officials estimated 21 million cubic feet of gas and 2,520 barrels of oil per day at choke size of 40/64″, 19 million cubic feet of gas and 2,160 barrels of oil per day at choke size of 32/64″ at and 16.5million cubic feet of gas and 1,630 barrels of oil per day at choke size of 28/64″.
The Jhadial block has a closed area of about 15 square kilometers, with a thick net reservoir column from top of the Chorgali Formation (Eocene) to the base of the Paleocene Formation.
According to reports, the estimated recoverable reserve of the field lies in the range of at least 292 billion cubic feet of gas and 23 million barrels of oil. The discovery is expected to solve Pakistan’s energy crisis.