PPL completes successful workover, sidetracking of Well Adhi South-2
MG News | May 13, 2026 at 10:33 AM GMT+05:00
May 13, 2026 (MLN): Pakistan Petroleum Limited (PSX:PPL)
has completed workover operations for the sidetracking of Well Adhi South-2 in
the Adhi Field, achieving a significant turnaround for a well that had been out
of production.
The company holds a 39% Working Interest in the field
alongside Joint Venture partners Oil and Gas Development Company Limited
(OGDCL) with 50% and Pakistan Oilfields Limited (POL) with 11%.
Originally drilled as an appraisal well in 2020, Adhi
South-2 initially tested at approximately 800 barrels per day (bpd) of oil
before its output gradually declined to around 200 bpd.
A hydraulic fracturing attempt carried out in 2023-24
failed to revive the well, as high water cut caused it to cease flowing
post-fracturing. Multiple rig-less intervention efforts, including gas-lift
(CTGL), were also unsuccessful in restoring production.
The Adhi Joint Venture subsequently opted to sidetrack
the well to bypass the water-bearing zone. The operation wrapped up in just 28
days well ahead of the planned 48-day
schedule. Post rig-release testing has placed the well's production at
approximately 850 bpd of oil and around 1 MMscfd of gas.
The successful sidetrack is expected to lift current
production levels at the Adhi Field and builds confidence in applying similar
remediation strategies to other underperforming wells across the field.
The aforementioned information was disseminated
through a notification to Exchange.
Copyright Mettis
Link News
Related News
| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 168,161.55 76.19M | -0.45% -754.67 |
| ALLSHR | 101,286.33 199.78M | -0.30% -307.35 |
| KSE30 | 50,251.70 22.40M | -0.55% -279.06 |
| KMI30 | 242,052.09 29.29M | -0.23% -546.14 |
| KMIALLSHR | 66,007.34 75.81M | -0.18% -117.54 |
| BKTi | 45,922.33 11.47M | -1.09% -506.67 |
| OGTi | 35,519.97 2.08M | 0.11% 38.15 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 81,300.00 | 81,530.00 80,595.00 | 305.00 0.38% |
| BRENT CRUDE | 106.28 | 107.56 106.09 | -1.49 -1.38% |
| RICHARDS BAY COAL MONTHLY | 110.00 | 0.00 0.00 | -6.75 -5.78% |
| ROTTERDAM COAL MONTHLY | 109.95 | 110.05 109.95 | 0.10 0.09% |
| USD RBD PALM OLEIN | 1,191.50 | 1,191.50 1,191.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 100.69 | 102.27 100.58 | -1.49 -1.46% |
| SUGAR #11 WORLD | 14.98 | 15.22 14.81 | 0.07 0.47% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Pakistan Stock Movers
| Name | Last | Chg/%Chg |
|---|
| Name | Last | Chg/%Chg |
|---|
Auto Numbers