The decision came after an exploration well was drilled to a total depth of 825 metres, with the targeted Pirkoh Limestone formation encountered at 700 meters. Following interpretation of logs and the results of the Modular Dynamic Tester, the formation was found to be water bearing. The well was consequently plugged without testing.
The Guddu block covers an area in the Middle Indus Basin of 2,093 square kilometers. Between 2008 and 2011, five wells were drilled resulting in the Reti, Maru and Maru South gas discoveries. Gas production from the Reti-Maru gas fields commenced in December 2013.
Jura holds a 13.5 percent working interest in the Guddu block, operated by Pakistan’s Oil & Gas Development Company, which holds a 58 percent stake. Government Holdings have a 22.5 percent stake, with Egypt’s IPR Transoil holding the remaining nine percent.
Seadrill has been awarded two drillship contracts in South Korea and the US Gulf of Mexico worth a total value… Read More
The World Bank has granted Namibia a $138 Read More
PetroVietnam exploration arm PVEP has announced two oil finds with combined initial reserves of 100 Read More
Air Products’s LNG liquefaction equipment deployed on Coral Sul FLNG in Mozambique has successfully passed its performance test, Air Products… Read More
Saudi Aramco has awarded a USD 1 Read More
Singapore’s Seatrium has secured a topside integration project for the FPSO Errea Wittu from Offshore Frontier Solutions, a MODEC Group… Read More
This website uses cookies.