A.Rafay
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KARACHI: Pakistan Petroleum Limited (PPL) is all set to conduct drilling in Gambat Bloc, Sindh in March, said Asim Murtaza Khan, managing director of PPL.
Gambat concession is located in the Thar Desert approximately 120km southeast of Sukkur in Sindh.
Subsequent to submission of the Declaration of Commerciality to the government, field development plan has been submitted in February.
Four wells have so far been drilled in the discovery area of the bloc, of which two wells (Tajjal-2 and 3) were plugged and abandoned as dry holes, he said.
Production from the discovery well Tajjal-1 and development well Tajjal-4 continued, with the current production level of around 41MMscfd gas.
Production from the development well Tajjal-4 commenced in February 2012, said Khan.
In line with the governments policies and initiatives to accelerate hydrocarbon exploration and meet the countrys growing energy needs, the company has successfully expanded its exploration portfolio to meet its growth and reserves replacement target.
As a result, the exploration prospects inventory has also expanded and would continue to multiply.
This caters to the companys exploration strategy, which aimed at replenishing and enhancing its existing hydrocarbon reserves, through exploration and production optimisation.
This is to maintain its position as a premier E&P company of the country, he said. PPL currently holds working interest in 34 exploration licences. Of the total, 19 are operational, including the recently acquired Bloc-8 in Iraq.
PPL to conduct drilling in Gambat Bloc in March - thenews.com.pk
Gambat concession is located in the Thar Desert approximately 120km southeast of Sukkur in Sindh.
Subsequent to submission of the Declaration of Commerciality to the government, field development plan has been submitted in February.
Four wells have so far been drilled in the discovery area of the bloc, of which two wells (Tajjal-2 and 3) were plugged and abandoned as dry holes, he said.
Production from the discovery well Tajjal-1 and development well Tajjal-4 continued, with the current production level of around 41MMscfd gas.
Production from the development well Tajjal-4 commenced in February 2012, said Khan.
In line with the governments policies and initiatives to accelerate hydrocarbon exploration and meet the countrys growing energy needs, the company has successfully expanded its exploration portfolio to meet its growth and reserves replacement target.
As a result, the exploration prospects inventory has also expanded and would continue to multiply.
This caters to the companys exploration strategy, which aimed at replenishing and enhancing its existing hydrocarbon reserves, through exploration and production optimisation.
This is to maintain its position as a premier E&P company of the country, he said. PPL currently holds working interest in 34 exploration licences. Of the total, 19 are operational, including the recently acquired Bloc-8 in Iraq.
PPL to conduct drilling in Gambat Bloc in March - thenews.com.pk
