Pakistan Petroleum Limited (PPL) Production

Pakistan Petroleum Limited (PPL) Production

PPL continued to depict handsome rise in crude production on the back of additional production from Mela 1. During the period under review, crude oil production by the company stood at 4,059bpd in 10mths’08 as against 2,661bpd in the same period last year. In addition to Mela field, production from Tal block also showed an impressive growth of 42.2% during the period under review and contributed 17.0% of total oil production of the company. Gas production remained almost same and stood at 991mmcfd during the period under review as compared to 992mmcfd in 10mths’07. Despite 2.8% decline from Sui gas field, which has a significant weightage of 64.2% in PPL’s total gas production, increased production from Kandhkot and Sawan fields supports the company to maintain its gas production.