Pakistan Petroleum Limited (PPL), an oil and gas exploration firm, announced on Wednesday the successful workover operations for sidetracking of well Adhi South-2 in the Adhi field.
The company informed the Pakistan Stock Exchange (PSX) today.
The well is operated by the PPL with 39% Working Interest (WI) along with joint venture partners, namely Oil and Gas Development Company Limited (OGDCL) holding 50% WI and Pakistan Oilfields Limited (POL) holding 11% WI, as per the notice.
“Adhi South-2 was drilled as an appraisal well in 2020 and was initially tested at approximately 800 barrels per day (bpd) of oil,” the PPL said.
The company said that over the years, its production declined to approximately 200 bpd.
“In 2023-24, the well was hydraulically fracked to enhance production.
However, the well ceased to flow post-fracturing due to high water cut, and production could not be revived despite many rig-less well intervention jobs, including gas-lift (CTGL).”
The notice read that Adhi JV decided to sidetrack the well to bypass the water-bearing zone.
“Sidetrack operations were successfully completed recently, in 28 days against the planned 48 days. During post-rig-release testing, the well has been tested at approximately 850 bpd of oil and around 1 MMscfd of gas.”
The company informed the bourse that the recent achievement will boost the current production levels, as well as strengthen confidence in applying similar remediation approaches to other underperforming wells across the field.
As one of the largest exploration and production companies in Pakistan, PPL plays a pivotal role in exploring, prospecting, developing, and producing oil and natural gas resources.