Oil & Gas

MOL Group makes new gas discovery

MOL Group news

Hungary’s MOL Group announced a new gas discovery in the MOL operated TAL block in Pakistan, the company’s 13th discovery in the country and the ninth discovery in the TAL block.

The Tolanj West-1 well is located in the Tolanj field.

The exploratory well reached a total depth of 4,941 metres and the well flowed gas at a rate of 2,300 boepd (13.1 mmscf/d).

The latest discovery follows on from the Tolanj-X-1 gas discovery from 2011 in the same field.

MOl E&P chief operating officer Berislav Gašo, said: “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.”

MOL is currently responsible for over 80,000 boepd gross production.

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