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PPL announces gas discovery at Khairpur

July 3, 2024
in Business
PPL announces gas discovery at Khairpur
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KARACHI: Pakistan Petroleum Limited (PPL) has announced that a gas discovery has been made from the exploratory well Tor-1 in Latif Block, located in Khairpur District, Sindh Province.

The exploratory well Tor-1 in Latif Block is operated by United Energy Pakistan Beta (UEP Beta) with 33.40 percent working interest along with its joint venture partners Pakistan Petroleum Limited (PPL) and Prime Pakistan Limited with 33.30 percent working interest each.

The exploratory well Tor-1 spud-in on May 05, 2024 and successfully reached target depth at 3,438 meters (Measured Depth), material information sent to Pakistan Stock Exchange on Tuesday said.

Based on Wireline logs interpretation and Modular Formation Dynamic Tester (MDT), Intra-C Sand of Lower Goru Formation was tested. The well flowed at the rate of 11.27 million standard cubic feet per day (mmscfd) gas against Well Head Flowing Pressure (WHFP) of 1,424 pounds per square inch (PSI) at 40/64 inch choke.

“The discovery will add more hydrocarbon reserves and will help in enhancing the indigenous hydrocarbon supply and mitigating the gas demand in the country,” PPL said.

KARACHI: Pakistan Petroleum Limited (PPL) has announced that a gas discovery has been made from the exploratory well Tor-1 in Latif Block, located in Khairpur District, Sindh Province.

The exploratory well Tor-1 in Latif Block is operated by United Energy Pakistan Beta (UEP Beta) with 33.40 percent working interest along with its joint venture partners Pakistan Petroleum Limited (PPL) and Prime Pakistan Limited with 33.30 percent working interest each.

The exploratory well Tor-1 spud-in on May 05, 2024 and successfully reached target depth at 3,438 meters (Measured Depth), material information sent to Pakistan Stock Exchange on Tuesday said.

Based on Wireline logs interpretation and Modular Formation Dynamic Tester (MDT), Intra-C Sand of Lower Goru Formation was tested. The well flowed at the rate of 11.27 million standard cubic feet per day (mmscfd) gas against Well Head Flowing Pressure (WHFP) of 1,424 pounds per square inch (PSI) at 40/64 inch choke.

“The discovery will add more hydrocarbon reserves and will help in enhancing the indigenous hydrocarbon supply and mitigating the gas demand in the country,” PPL said.

Tags: Gasgas discoveryKhairpurPakistan Petroleum LimitedPPL
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