Karachi, February 13, 2024 – Pakistan Petroleum Limited (PPL) achieved a significant milestone on Tuesday with the successful drilling and testing of the Adam-2 well in the Hala region.
The announcement, made in a communication to the Pakistan Stock Exchange (PSX), underscores the company’s commitment to field development and enhancing the country’s energy resources.
As part of the field development activities in the Adam D&PL area, the Hala Joint Venture (JV), a collaboration between PPL and Mari Petroleum Company Limited (MPCL), successfully completed the drilling and testing of the Adam-2 well. Despite being a challenging endeavor with inherent risks and uncertainties, the well was drilled down to a depth of 3,421 meters.
The Adam-2 well’s testing phase yielded promising results, with a flow rate of approximately 6 million standard cubic feet per day (MMSCFD) of gas and 450 barrels per day (BPD) of condensate. The Wellhead Flowing Pressure (WHFP) was recorded at approximately 740 pounds per square inch (Psi) at a choke size of 32/64 inches. These outcomes are indicative of the well’s potential to contribute significantly to the region’s hydrocarbon reserves.
Upon completion of the tie-in process, the extracted gas will undergo processing at the Hala Gas Processing Facility, with the ultimate goal of supplying it to the Sui Southern Gas Company Limited. This development well not only adds to the country’s hydrocarbon reserves but also positions itself as a crucial contributor to bridging the supply-demand gap in the energy sector amid the ongoing energy crisis in Pakistan.
The current energy challenges have necessitated proactive efforts from the oil and gas industry to augment the supply of energy resources. The success of the Adam-2 well is expected to play a pivotal role in this endeavor, offering relief to the energy sector and contributing to the overall energy security of the nation.
Hala JV, with PPL holding a 65% working interest and MPCL with a 35% working interest, operates under the leadership of PPL. This collaborative effort has proven to be fruitful, demonstrating the potential for synergy between industry players in addressing the country’s energy needs.
Beyond the immediate impact on the energy sector, the successful drilling at Hala is anticipated to yield long-term benefits. By reducing the gap between oil and gas supply and demand, it is poised to enhance the nation’s self-sufficiency in energy production, ultimately saving significant foreign exchange for Pakistan.
As Pakistan navigates through the energy crisis, such achievements underscore the resilience and commitment of the country’s energy industry. The success at Hala reflects a step forward in ensuring a sustainable and secure energy future for Pakistan, driven by innovative solutions and collaborative efforts.
