Loading...

News

PPL Commences Production from New Development Well Adhi South-6

5 min read
Legal Expert
PPL Commences Production from New Development Well Adhi South-6
Pakistan Petroleum Limited (PPL) has commenced oil and gas production from Adhi South-6, a new development well drilled in Adhi Mining Lease, the company informed the Pakistan Stock Exchange (PSX) on Friday. In its notice to PSX, PPL said that Adhi South-6 was successfully drilled to a depth of 3,490 meters and completed as producer based on encouraging log results. “Subsequent to tie-in of the well with the plant, production from the well has commenced at the rate of 600 bpd of oil and 0.4 MMscfd of gas at 32/64″ choke,” it added. Adhi Mining Lease is operated by the company with 39 percent working interest along with Joint Venture Partners Oil & Gas Development Company Ltd (OGDCL) and Pakistan Oilfield Ltd (POL) with working interest of 50% and 11% respectively.
Share:

About the Author

Written by the expert legal team at Javid Law Associates. Our team specializes in corporate law, tax compliance, and business registration services across Pakistan.

Verified Professional 25+ Years Experience
Legal Experts Online

Need Expert Legal Counsel?

Free Session Secure & Private

Typical response time: Under 5 minutes