Pakistan Oilfields Ltd. reported Tuesday that Hungary's oil and gas firm MOL, operator of the TAL block in Pakistan, has found condensate and gas at Makori East-05 development well, the company said in a note to the Pakistan Stock Exchange.

During testing, the well flowed 2,836 barrels per day of condensate, 19.26 million standard cubic feet per day (MMscf/d) of gas with 121 barrels per day of water at 40/64 inch fixed choke size at a flowing wellhead pressure of 2,718 psi (pounds per square inch).

Pakistan Oilfields said the well, currently in the cleaning phase, is expected to commence production from September. The company holds a pre-commerciality working interest of 25 percent.

 

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