Pakistan Oilfields Limited (POL) has announced a significant discovery of hydrocarbons from the Makori Deep-03 development well, located in Karak District, Khyber Pakhtunkhwa.
The well is part of the TAL Block, operated by MOL, where POL holds a 25% pre-commerciality working interest.
According to the company’s notice to the Pakistan Stock Exchange, drilling of the Makori Deep-03 well began on December 12, 2024, and reached a total depth of 3,887 meters.
Following completion, the well has tested a production of 22.08 million standard cubic feet per day (MMSCFD) of gas, 2,112 barrels of condensate per day, and 15 barrels per day of water. The test was conducted using a 32/64″ fixed choke with a flowing wellhead pressure of 4,744 psi, sourced from the Lockhart formation.
POL stated that the well is expected to be connected to the production line within two months, signaling a near-term boost in output and revenue potential. – ER Report
