POL halts production amid terrorist attack

News Image

MG News | May 24, 2023 at 10:33 AM GMT+05:00

0:00

May 24, 2023 (MLN): Six security personnel were martyred in an armed attack at two well sites of TAL Block in Khyber Pakhtunkhwa in late hours on Monday, May 22, according to a statement by Pakistan Oilfields Limited (POL), one of the partners in the block.

The attackers opened fire at Manzalai-08 and Manzalai-10 wells, forcing the operator MOL to shut down both wells from the central control room to prevent any damage. The attack resulted in a production loss of about four million standard cubic feet per day (MMscfd) of gas and 24 barrels per day of oil.

POL said that all the plants and fields installations remained safe and production of hydrocarbons from the rest of the wells was normal. The company holds a 25% pre-commerciality working interest in TAL Block, which is one of the largest producing blocks in the country.

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 108,425.00 111,160.00
107,705.00
-2650.00
-2.39%
BRENT CRUDE 61.52 61.60
60.58
0.51
0.84%
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 57.54 57.62
56.60
0.52
0.91%
SUGAR #11 WORLD 15.60 15.82
15.59
-0.12
-0.76%

Chart of the Day


Latest News
October 21, 2025 at 04:11 PM GMT+05:00

PKR remains flat at 281.06 against USD


October 21, 2025 at 03:04 PM GMT+05:00

Pakistan set to make Olive its new economic identity



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg