MOL makes gas discovery in Pakistan

Hungary’s MOL has made a new gas and condensate discovery at its operated TAL Block in Pakistan.  

The Mamikhel South-1 exploratory well successfully reached a total depth of 4,939 meters at the end of May 2020. Upon testing the well flowed gas and condensate from Lockhart & Hangu formation at a flow rate of 6516 boepd (16.12 MMscf/d and 3240 bpd respectively), with flowing well-head pressure of 4,476 PSI at 32/64” choke. 

Dr. Berislav Gašo, MOL Group’s E&P EVP commented: “I am delighted to announce that we have made another discovery in Pakistan. This new discovery has de-risked an exploration play in deeper reservoir in the TAL Block, leading to new upside opportunities. The Mamikhel South-1 discovery will also help to improve the energy security of the country from indigenous resources.” 

As the operating shareholder MOL is responsible for 89 mboepd gross production (as of Q1 2020) in the TAL block, one of the largest hydrocarbon producing blocks in the country, where MOL has 8.4 per cent share. 

MOL’s partners in the Joint Venture consortium are OGDCL, PPL, POL and GHPL.