Business
Pakistan Petroleum Ltd makes third discovery in Sujawal
字号+ Author:Smart News Source:Health 2025-01-14 02:40:19 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
-
Polls are closing soon in six states
2025-01-14 02:33
-
Aubrey Plaza takes drastic step after husband Jeff Baena’s tragic death
2025-01-14 02:23
-
After meeting Imran Khan, PTI negotiators press govt on demands
2025-01-14 01:36
-
100 deportees from 12 countries return to Pakistan
2025-01-14 01:13
User Reviews
Recommended Reads
Hot Information
- ‘General Hospital’ actress Leslie Charleson dies at 79
- Riley Keough gives tribute to mom Lisa Marie Presley with rare photo
- ‘Today’ after Hoda Kotb’s exit, with Savannah Guthrie, Craig Melvin
- Blake Lively in another feud with Hugh Jackman's ex after Baldoni case
- Delhi wants artificial rain to tackle air pollution
- Quetta coal mine collapse: Fatalities rise to 11 as seven more bodies found
- Taylor Swift helps author write ‘most twisted thriller’
- Ben Stiller explains why he compares ‘Severance’ show to Hollywood
- Ukraine attacks Russia with 70 drones
Abont US
Follow our WhatasApp account to stay updated with the latest exciting content