Sports
Pakistan Petroleum Ltd makes third discovery in Sujawal
字号+ Author:Smart News Source:Business 2025-01-14 19:46:15 I want to comment(0)
KARACHI: Sindh Minister for Planning and Development and Energy Syed Nasir Hussain Shah has announced a major discovery of gas and condensate in Sujawal. The Pateji-X1 exploration well in the Shah Bandar Block is estimated to produce 11.7 million standard cubic feet of gas and 198 barrels of condensate per day. The Sindh Energy Holding Company (Pvt) Ltd (SEHCL), a joint venture partner in the Shah Bandar Block, holds a 2.5 per cent working interest. Pakistan Petroleum Ltd (PPL) serves as the operator with a majority stake of 63pc, while Mari Petroleum Company Ltd (MPCL) and Government Holdings (Pvt) Ltd (GHPL) hold 32pc and 2.5pc working interests, respectively. Mr Shah said that the Pateji-X1 well was spudded on Oct 11 and drilled to a depth of 2,475 meters to assess the hydrocarbon potential of the Upper Sands in the Lower Goru Formation. These results were achieved under a wellhead flowing pressure of 2,578 PSI with a choke size of 32/64 inches. This discovery highlights the hydrocarbon potential of Shah Bandar Block and marks another step forward in bolstering the country’s energy resources. He said further exploration and development activities are expected to continue in the block. According to a stock filing, PPL said this is the consecutive discovery in the Shah Bandar Block. This discovery would add additional hydrocarbon reserves and enable the energy sector to reduce the current energy crisis and save significant foreign exchange through indigenous hydrocarbon production, the company added.
1.This site adheres to industry standards, and any reposted articles will clearly indicate the author and source;
Related Articles
-
Anti-polio drive begins in Lakki, Dera
2025-01-14 19:04
-
Qassam Brigades claims killing of 3 Israeli soldiers in northern Gaza
2025-01-14 18:14
-
Jirga slaps Rs22m fine on rivals to end blood feud
2025-01-14 17:32
-
SCCI asks government to abolish two per cent cess on exports
2025-01-14 17:13
User Reviews
Recommended Reads
Hot Information
- Sunday bazaar to remain closed today
- At the crossroads
- All eyes on G20 as COP29 climate talks stall
- Senate committee to meet on VPN restrictions despite IT ministry’s absence
- Impact of Trump’s tariffs
- Bank Alfalah withdraws offer to buy Samba Bank
- Judiciary’s debacle
- Amended agri tax bill passed: Exemptions on farm income withdrawn, livestock also taxed
- Long queues at Gaza City bakery as famine looms
Abont US
Follow our WhatasApp account to stay updated with the latest exciting content