PPL Discover Huge gas reserves in Pakistan since Sui
Pakistan Petroleum Limited (PPL) has discovered Huge gas reserves in the Margand hinder in Kalat, Baluchistan.
PPL is said to have 100% of the block’s drilling rights. PPL has been drilling in the Margand X-1 block since June 30, 2019.
Last year, PPL performed Modular Dynamics Testing (MDT) at a depth of 4,500 meters on the block. MDT has proven the existence of Huge gas reserves.
PPL also conducted a drill stem test (DST), which found that these gas reserves could potentially exceed 1 trillion cubic feet.
For comparison, Sui has estimated reserves of 2 trillion cubic feet with a daily production capacity of about 604 million cubic feet.
Daylight Saving Time from Margand X-1 only suggests that the entire block has the potential to add 10.7 million cubic feet of gas per day (mmcfd) at a 64/64 inch throttle size and 516 pounds per square inch (psi) flow pressure deliver. ,
This is the first significant gas discovery in Baluchistan since 2000. Companies such as British Petroleum, Petronas and Niko Resources have since attempted to tap unexplored deposits. However, all companies did not discover such large reserves and pulled them out of the country.
In addition, little or no attention was paid to exploiting domestic mineral wealth. Meeting the country’s energy needs during the tenure of previous successive governments.
Instead, questionable agreements such as rental power plants. LNG power plants were signed. Which the NAB examined.
Pakistan can save more than $ 900 million on the import bill. If Margand’s gas reserves replace LNG. According to a former PPL executive director, it costs domestic consumers 100% more than Sui gas.