Islamabad: Significant hydrocarbon reserves have been identified at the Razgir-1 well in the Kawagarh formation, as confirmed by Pakistan Oilfields Limited. This follows previous reports of potential hydrocarbon presence announced on July 29, 2024.
According to information available from the Pakistan Stock Exchange (PSX), the latest findings come from a Drill Stem Test (DST) conducted without any acid stimulation, revealing a daily output of 16.40 million standard cubic feet of gas and 159 barrels of condensate. This testing phase utilized a 40/64" fixed choke at a wellhead pressure of 1,874 psi.
The DST, an essential tool in evaluating the viability of formations around a drill stem, measures pressure behavior and gathers critical fluid samples to assess the likelihood of commercial production. Notably, these preliminary results are promising, but they represent only a fraction of the potential output, as ongoing tests aim to establish a more accurate assessment.
Pakistan Oilfields Limited, which holds a 25% working interest in the pre-commerciality phase of this project, has indicated that further testing is necessary to fully determine the well's commercial potential. This discovery could lead to significant developments in the region's energy sector if the well proves commercially viable.