Pakistan Petroleum Spuds Iraqi Well
Pakistan Petroleum (PPL) April 16 said it has spudded its first international exploration well at Block 8 in Iraq.
The well, Madain 1, is located in the Mesopotamian basin and “is surrounded by areas that have several large oil and gas fields”, PPL said.
“The Madain-1 prospect matured with the help of a 3D seismic survey carried out by the company over a 300 km2 area of the block that spanned around 6,000 km2,” the company added.
The well is being drilled on an integrated project management basis by a Chinese drilling contractor ZEPEC.
According to PPL, there are multiple reservoir targets in Madain-1 that will be drilled to a depth of approximately 5,000 metres.