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Home Business

Pakistan Petroleum begins oil & gas production from DS X-1 well

by Web Desk
May 6, 2022
in Business, Economy, Finance
Reading Time: 1 min read
0
Pakistan Petroleum begins oil & gas production from DS X-1 well
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Pakistan Petroleum Limited (PPL), the state-owned supplier of natural gas and petroleum products, has commissioned the recently installed Oil Handling Facilities (OHF) and commenced production from discovery well DS X-1 in Dhok Sultan Block, situated in the Province of Punjab.

In a filing on the bourse on Friday, the company said it is an operator of the Dhok Sultan Block and holds 75% working interest in it, while Government Holdings (Private) Limited (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,” read the filing. Oil production is managed through Dhok Sultan OHF while 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.

Tags: DS X-1 welllatestoil & gas productionPakistan Petroleum

Web Desk

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