MOL Group has announced a new gas discovery in the MOL operated TAL Block, Pakistan. This marks the company’s 13th discovery in the country and the 9th discovery in the TAL block, a statement from the company said.

 

The Tolanj West-1 well is located in the Tolanj field within the TAL block. The exploratory well reached a total depth of 4,941 metres, upon testing the well flowed gas at a rate of 2,300 boepd (13.1 mmscfd). The current exploration success complements the Tolanj-X-1 gas discovery from 2011 in the same field. The Tolanj-X-1 well had a gas flow rate of 2.900 boepd (16.3 mmscfd) when the original discovery was made.

 

Dr Berislav Gašo, MOL Group’s E&P COO commented: “I am delighted that we are announcing our second discovery within a week in our operated TAL block. This is a complex field and the new discovery will allow to monetise and develop Tolanj in an even more efficient way.”

 

As the operating shareholder MOL is currently responsible for over 80 thousand boepd gross production. Our partners in the joint venture consortium are OGDC, PPL, POL and GHPL. MOL has a well-established track record of over 17 years in Pakistan and holds equity stakes in five blocks in the country.

 

MOL Group is an integrated, international oil and gas company, headquartered in Budapest, Hungary. It is active in over 30 countries with a dynamic international workforce of 26,000 people and a track record of more than 100 years in the industry. MOL’s exploration and production activities are supported by more than 75 years’ experience in the hydrocarbon field. At the moment, there are production activities in 8 countries and exploration assets in 13 countries. MOL Group operates four refineries and two petrochemicals plants under integrated supply chain management in Hungary, Slovakia and Croatia, and owns a network of nearly 2,000 service stations across 11 countries in Central & South Eastern Europe. --TradeArabia News Service