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Pakistan Petroleum Discovered Gas And Oil Reserves In Hala Block

admin-augaf by admin-augaf
February 13, 2024
in Business, Finance
Reading Time: 1 min read
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Islamabad February 13 2024: Pakistan Petroleum Limited announced successful drilling of Adam-2 Development Well in Adam D&PL Area, Hala Block, according to company filing.

PPL 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. 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.

After tie-in, the gas will be processed at Hala Gas Processing Facility for onward supply to Sui Southern Gas Company Limited. The development well will add hydrocarbon reserves, enable the energy sector to reduce the gap between the supply and demand of oil & gas during the current energy crisis in the country and will save significant foreign exchange for the country.

Hala JV is a joint venture between Pakistan Petroleum Limited (PPL) and Mari Petroleum Company Limited (MPCL), with 65 and 35 percent working interest respectively and PPL as operator.

Tags: PPL
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