KARACHI: Pakistan Petroleum Limited (PPL) said on Tuesday it had successfully drilled and tested a gas well in Adam D&PL Area, Hala Block, in Sindh province.
“We wish to inform that as part of the field development activities in the Adam D&PL area, Hala JV has successfully drilled and tested Adam-2 well,” the company said in a notice to the Pakistan Stock Exchange (PSX) .
The company, which operates the block with a 65 percent stake, said that the Adam-2 well was a challenging development with associated risks and uncertainties. “The well was drilled down to a depth of 3,421 meters and tested at approximately 6 million standard cubic feet per day (MMSCFD) gas and 450 barrels per day (BPD) condensate with a Wellhead Flowing Pressure (WHFP) of approximately 740 pounds per square inch (Psi) at 32/64-inch choke size.”
The gas will be processed at Hala Gas Processing Facility for onward supply to Sui Southern Gas Company Limited (SSGCL). “The development well will add hydrocarbon reserves, enable the energy sector to reduce the gap between the supply and demand of oil and gas during the current energy crisis in the country and will save significant foreign exchange for the country,” the PPL said.
PPL’s joint venture partner in the block is Mari Petroleum Company Limited, which holds a 35 percent stake. The block covers an area of about 395 square kilometres and straddles the Sanghar and Matiari districts in Sindh.
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