PPL unearths gas from Exploration Well Benari

News Image

MG News | December 06, 2018 at 11:31 AM GMT+05:00

December 06, 2018 (MLN): Pakistan Petroleum Limited, along with its joint venture partners, Mari Petroleum Company Limited, Sindh Energy Holding Company Limited, and Government Holdings Private Limited, has discovered gas from exploration well Benari X-1 (ST-2) located in district Sujawal, Sindh.

The drill stem testing in A-Sand Unit of Upper Sand, Lower Goru formation flowed 9.05 million cubic feet of gas per day at flowing well head pressure of 855 psi on 48/64” choke, the Company Secretary Shahana Ahmed Ali said in the notification issued on Thursday.

Pakistan Petroleum Limited is the operator of Block 2467-16, Shah Bandar Exploration License and has a working interest of 63%, whereas its Joint Ventures Mari Petroleum Company, Sindh Energy Holding Company and Government Holdings Private Limited have a working interests of 32%, 2.5% and 2.5% respectively.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 174,283.83
48.53M
-0.86%
-1518.96
ALLSHR 105,673.71
104.30M
-0.84%
-894.58
KSE30 52,059.91
17.30M
-0.83%
-437.77
KMI30 245,537.61
17.89M
-0.72%
-1785.76
KMIALLSHR 67,764.15
61.17M
-0.81%
-551.11
BKTi 49,482.21
7.46M
-0.91%
-453.90
OGTi 34,598.16
1.20M
-0.46%
-159.86
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 64,720.00 65,235.00
63,980.00
450.00
0.70%
BRENT CRUDE 90.20 91.42
89.10
2.10
2.38%
RICHARDS BAY COAL MONTHLY 105.75 0.00
0.00
-1.25
-1.17%
ROTTERDAM COAL MONTHLY 119.80 0.00
0.00
0.10
0.08%
USD RBD PALM OLEIN 1,135.00 1,135.00
1,135.00
0.00
0.00%
CRUDE OIL - WTI 83.51 84.60
82.88
1.73
2.12%
SUGAR #11 WORLD 14.82 0.00
0.00
-0.01
-0.07%

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