December 27, 2024 (MLN): Pakistan Petroleum Limited (PSX: PPL) has successfully commissioned the second exploratory well, Jhim East X-1, located in District Sujawal, Sindh Province.
This achievement is part of the ongoing exploration and development activities within the Shah Bandar JV Block (Block 2467-16), the company's filing on PSX revealed today.
The Jhim East X-1 well is producing approximately 10 million standard cubic feet per day (MMSCFD) of gas.
The well is also producing more than 150 barrels per day (BPD) of condensate, with a Wellhead Flowing Pressure (WHFP) of approximately 2,800 pounds per square inch (Psi) at a 40/64-inch choke size.
Jhim East X-1 gas is being processed at MPCL's Sujawal Gas Processing Facility for onward supply to SSGC.
The commissioning has added much-needed gas supplies to the national gas distribution network.
This will enable the energy sector to reduce the gap between supply and demand during the current energy crisis.
Additionally, This will save significant foreign exchange for the country through import substitution.
Shah Bandar JV is a joint venture between Pakistan Petroleum Limited (WI 63%) as operator, Mari Petroleum Company Limited (WI 32%), Sindh Energy Holding Company Limited (WI 2.50%) and Government Holdings Private Limited (WI 2.50%).
