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Pakistan Petroleum achieves 17 MMscfd gas, 530 bpd oil production increase

PPL Q1 profit falls 16% YoY
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April 22, 2024 (MLN): Pakistan Petroleum Limited (PSX: PPL) has implemented various production enhancement initiatives between October 2023 and March 2024, resulting in a significant production increase of approximately 17 MMscfd of gas and 530 barrels per day of oil and condensate.

As the company's producing fields are maturing and experiencing natural decline, it identified these production enhancement opportunities through rigorous technical analysis, state-of-the-art rig-less techniques, and surface system optimization.

Following is the summary of the main achievements:

Artificial Lift System: Added 450 barrels per day of oil and condensate through successfully installing the artificial lift system at Adhi South X-1 and Adhi South-5. 2.

Acid Stimulation and Well Bore Clean-out: Added 5 MMscfd gas production in Fazl X-1 in Hala Block and Adhi-19 by removing scale build-up across the tubing and the reservoir.

Surface De-Bottlenecking: Enhanced 7 MMscfd gas production from Sui Gas Field through optimization of GGM network, wellhead surface fittings, and chemical inhibition strategy,

Optimization through Optimum Gas Blending: Increased 5 MMscfd gas and 80 barrels per day condensate through optimum blending of the high and low-quality gas in Gambat South processing facilities after commissioning the well Shahpur Chakar North X-1 .

This additional and cost-effective indigenous hydrocarbon production will contribute to reducing the energy demand and supply gap and save significant foreign exchange for the country,

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Posted on: 2024-04-22T10:54:59+05:00