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Pakistan Petroleum commissioned Oil Handling Facility at Dhok Sultan: PSX

admin-augaf by admin-augaf
May 6, 2022
in Business, National, News
Reading Time: 1 min read
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Pakistan Petroleum Limited Plans to Enhance Output from Existing Fields

Pakistan Petroleum Limited Plans to Enhance Output from Existing Fields

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Karachi May 6 2022: Pakistan Petroleum Limited (PPL) is pleased to inform about the commissioning of the recently installed Oil Handling Facilities (OHF) and commencement of production from the discovery well, DS X-1, in Dhok Sultan Block (Block) situated in the Province of Punjab, according to company’s filling to the exchange.

The Company is Operator of the Block and holds 75% working interest while GHPL holds 25% working interest.

The current production rates from DS X-1 are ~ 5 MMscfd gas, ~ 3000 bbls/day oil and ~25 M.Ton/day LPG. The oil production is managed through Dhok Sultan OHF while the gas is being processed through Meyal Gas Processing Facilities (MGPF) of Pakistan Oilfields Limited (POL), located around 40 km from the OHF in District Attock. The gas production from this discovery is allocated to Sui Northern Gas Pipelines Limited while the oil production is allocated to Attock Refinery Limited

It may be noted that this discovery is under Extended Well Testing (EWT) production period and the collected data during this phase will help in its further development. The commencement of production from DS X-1 will contribute in improving the energy security and saving significant foreign exchange for the country through indigenous hydrocarbon production.

Pakistan Petroleum Limited was incorporated in Pakistan in 1950 with the main objectives of conducting exploration, prospecting, development and production of oil and natural gas resources.

Source: Pakistan Stock Exchange
Tags: Crude ProductionOil Handling facilityPPL
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