POL starts production from Tolanj well

Pakistan Oilfields Ltd (POL) said on Friday production from the Tolanj West-2 well has started “significantly ahead” of the original plan.

Earlier, the company announced on Aug 16 and Aug 25 the testing results of Tolanj West-2 well. It said at the time that production from the well was expected to start from December 2022.

“However, with the best efforts of our technical teams, wellhead surface facilities and tie-in activities have been completed successfully and hydrocarbon production from the well has commenced,” it said.

The well is currently producing 13.97 million cubic feet per day (mmcfd) of gas with 0.39 barrels per day of condensate and 2.1 barrels of water per day.

The pre-commerciality working interest of POL is 25 per cent.

According to Arif Habib Ltd, oil production in the country witnessed a dip of 0.7pc on a week-on-week basis as it settled at 68,386 barrels of oil per day. Gas production declined 4.4pc on a weekly basis by clocking in at 3,004mmcfd.

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