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KARACHI: Pakistan Petroleum Limited (PPL) has announced that Kotri North Joint Venture comprising United Energy Pakistan Limited (Operator with 50 percent working interest) along with PPL (40 percent working interest) and Asia Resources Oil Limited (10 percent working interest), has discovered hydrocarbons from its exploratory well Takri-1 in District Jamshoro, Sindh.

The exploration well Takri-1 was spudded on November 11, 2024 and drilled down to total depth of 4,156 ft to test the hydrocarbon potential of late cretaceous/early Paleocene sand.

PPL discovers hydrocarbon reserves in Sujawal

Based on the encouraging results of wireline logs and drilling data, Modular Dynamic Testing (MDT) was conducted against the promising zones, confirming the presence of hydrocarbons in the inter-bedded sandstones of Khadro Formation.

Copyright Business Recorder, 2024

Comments

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Pakistani Dec 27, 2024 04:19pm
This is great news. PPL must share the benefits with residents of District Jamshoro and Sindh. It is time to hire locals, build infrastructure, provide health facilities and schools in the area.
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NAVEED Dec 28, 2024 08:14am
Alhamdolilah
0