Pakistan Petroleum Limited has just announced its 8th discovery of Hydrocarbons this year.
Pakistan Petroleum Limited (PPL), with the joint endeavor of Digri Exploration License – which involves United Energy Pakistan – has found hydrocarbons from exploratory well Gulsher-1 in Digri square arranged in locale Tando Allah Yar, Sindh.
Joined Energy Pakistan is the administrator holding a 75% working enthusiasm for the endeavor while Pakistan Petroleum Limited holds a 25% working interest.
Gulsher-1 was spud on seventeenth August 2018 and bored to an aggregate profundity of 8,227 feet to test the hydrocarbon capability of the upper and center sand of the lower Goru development.
In view of wire line logs and penetrating outcomes Modular Dynamic Test (MDT) was done against the promising zone which affirmed hydrocarbons on the C interim of the upper sand. After culmination of the well, a zone from 5572-5587 feet was punctured in the C interim of the upper sand which streamed, 1056 barrels for every day of oil with a streaming admirably head weight of 102 psi.
The declaration additionally included that the revelation will add to the hydrocarbon holds and will likewise help increment the vitality supply and lessen the vitality emergency inside the nation
PPL’s content at the bourse was exchanging at Rs 209.85, up by Rs 4.99, with a turnover of 736000 offers.
PPL has been a key player in the E&P area with a noteworthy offer in the gas supply of the nation. It has been working forcefully towards hydrocarbon dr
