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PPL’s net production reaches 1 Bcfepd

byCT Report
07/12/2016
in Business
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KARACHI: Pakistan Petroleum Limited (PPL) production has crossed the 1 Bcfepd mark, resulting in more than 10 percent increase in overall production during the current year as compared to 2014-2015.

Notable among these are drilling a record 23 operated wells (including 11 development wells with four each in Sui and Kandhkot, two in Adhi and one in Gambat South), maximising production efficiencies mainly through revamping of Sui compressors and work-over jobs on existing wells in various fields and commissioning of new production facilities at Adhi and Gambat South.

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With respect to PPL’s mature assets, this entailed arresting the annual historic production decline of 6 percent from PPL’s flagship Sui Gas Field as well as reversing the decline with production being approximately five percent higher than 2014-2015, increasing gross production from Adhi and Kandhkot fields from 84 MMscfde and 159 MMscfde in 2014-2015 to 111 MMscfde and 203 MMscfde respectively in 2016-2017.

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