The Business Report
ISLAMABAD: Offshore drilling near Karachi coast on Indus G-Block (Kekra-1) has finally been completed after four months of hard work. The drilling was done through a joint venture (JV) of four companies. Sources in the Petroleum Division informed media that the JV completed the offshore drilling on Kekra-1 well some 280 kilometres away from Karachi. The planned depth of 5,470 kilometres was achieved at a cost of Rs14 billion while the drill stem test (DST) was being conducted to determine the actual reserves of oil and gas, they added.
“DST would be completed in the next three days and a report regarding the total quantity of oil and gas reserves would be prepared within a