The block where the discovery was made is operated by Eni Vietnam B.V. and ESSAR E&P Ltd.
The SWM-A-6X well hit 130 feet of net oil pay in the Paleozoic sandstones of the Dessouky Formation, Eni said.
The companies are screening development options and intend to fast-track production.
Preliminary estimates indicate between 7 Tcf and 9 Tcf of raw gas in place along with 400-500 MMbbl of associated condensates, the company said.
The discovery was made in the TAL Block in Pakistan, MOL says.
The company put proven reserves at between 3 and 10 million standard cubic meters of recoverable oil equivalent based on preliminary estimates.
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The well hit a 152-m thick gas column in the Messinian age sandstones of the Abu Madi Formation with excellent petrophysical properties, Eni said in a news release.
The discovery well HZ26-6-1 was drilled and completed at a depth of 4,276 m and encountered oil and gas pay zones.
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