Karachi, December 27, 2024 – Pakistan Petroleum Limited (PPL) has successfully commissioned an exploratory well in Sindh, a development poised to alleviate the country’s gas supply gap amid the prevailing energy crisis.
In an official announcement shared with the Pakistan Stock Exchange (PSX) on Friday, PPL disclosed that the second exploratory well, Jhim East X-1, in the Shah Bandar JV Block (Block 2467-16), located in District Sujawal, Sindh Province, has commenced production. This achievement is a testament to PPL’s commitment to supporting Pakistan’s energy demands through strategic exploration and development initiatives.
The Jhim East X-1 well is producing approximately 10 million standard cubic feet per day (MMSCFD) of gas and over 150 barrels per day (BPD) of condensate, operating at a Wellhead Flowing Pressure (WHFP) of approximately 2,800 pounds per square inch (Psi) at a 40/64-inch choke size. The processed gas is being supplied through Mari Petroleum Company Limited’s (MPCL) Sujawal Gas Processing Facility to Sui Southern Gas Company (SSGC), ensuring seamless integration into the national gas distribution network.
PPL’s initiative is a critical step toward mitigating Pakistan’s energy challenges. The additional gas supplies will help bridge the supply-demand gap during the ongoing energy crisis, reduce reliance on imported gas, and conserve foreign exchange reserves through import substitution. This strategic move underscores PPL’s pivotal role in bolstering the nation’s energy infrastructure and enhancing its self-reliance.
The Shah Bandar Joint Venture (JV) is a collaborative effort, with PPL serving as the operator, holding a 63% working interest. Other partners include Mari Petroleum Company Limited (WI 32%), Sindh Energy Holding Company Limited (WI 2.50%), and Government Holding Private Limited (WI 2.50%).
This milestone demonstrates PPL’s leadership in Pakistan’s exploration and production sector, reinforcing its commitment to addressing the country’s critical energy needs. The successful commissioning of Jhim East X-1 reflects the company’s proactive approach to leveraging local resources and optimizing production capabilities.
As PPL continues its endeavors in the Shah Bandar JV Block and other regions, its contributions remain essential for stabilizing the energy sector, supporting economic growth, and ensuring sustainable development for Pakistan.