PPL's Kotri North JV begins gas production from Takri-1 Well

News Image

MG News | January 10, 2025 at 11:42 AM GMT+05:00

0:00

January 10, 2025 (MLN): The Kotri North Joint Venture, led by United Energy Pakistan Limited (UEPL) with a 50% working interest, alongside Pakistan Petroleum Limited (PSX: PPL) (40%) and Asia Resources Oil Limited (AROL) (10%), has successfully commenced gas production from its Takri-1 exploratory well. 

The well is located in District Jamshoro, Sindh Province.

The aforesaid information was disseminated to the PSX through a notification from PPL today. 

Takri-1 well is producing approximately 5.3 million standard cubic feet per day (MMSCFD) of gas with the Flowing Wellhead Pressure (FWHP) of approximately 950 psig, at 32/64 inch choke size. 

Takri-1 gas is being processed at UEPL’s Aliabad Production Facility for onward supply to Sui Southern Gas Company Limited (SSGC). 

This commissioning has added gas supplies to the national gas distribution network and will enable the energy sector to reduce the gap between the supply and demand during the current energy crisis.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 167,346.83
1,004.31M
0.66%
1103.93
ALLSHR 101,585.71
1,816.82M
0.45%
452.89
KSE30 51,193.07
238.52M
0.60%
306.47
KMI30 241,742.81
114.47M
0.26%
626.15
KMIALLSHR 66,704.29
951.52M
0.28%
184.85
BKTi 48,187.89
155.95M
1.00%
476.82
OGTi 32,653.86
16.59M
0.73%
235.25
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 108,710.00 111,160.00
107,705.00
-2365.00
-2.13%
BRENT CRUDE 61.42 61.65
60.58
0.41
0.67%
RICHARDS BAY COAL MONTHLY 80.50 0.00
0.00
-1.10
-1.35%
ROTTERDAM COAL MONTHLY 92.75 0.00
0.00
0.00
0.00%
USD RBD PALM OLEIN 1,085.00 1,085.00
1,085.00
0.00
0.00%
CRUDE OIL - WTI 57.44 57.67
56.60
0.42
0.74%
SUGAR #11 WORLD 15.50 15.82
15.49
-0.22
-1.40%

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