Karachi: Pakistan Petroleum Limited (PPL) has commenced gas production from the Upper Sand (C-Sand) reservoir of the Pateji X-1 well in the Shah Bandar Block, as of April 1, 2025. The block, located in the southernmost part of the Lower Indus Basin in Sindh, is operated by PPL with a 63% working interest. The remaining interests are held by Mari Energies Limited (32%), Sindh Energy Holding Company Limited (2.5%), and Government Holdings (Private) Limited (2.5%).
The gas from Pateji X-1 will be processed at Mari Energies Limited's Sujawal Gas Processing Facility, with the aim of injecting it into the Sui Southern Gas Company Limited network. A 40-kilometer, 8-inch diameter flowline has been installed to facilitate this, allowing a production ramp-up to 10 million standard cubic feet per day.
According to information available from the Pakistan Stock Exchange (PSX), the commencement of gas production from this well is expected to positively impact the energy sector by narrowing the supply-demand gap and conserving foreign exchange through the utilization of local hydrocarbons. The initiative aligns with the company's strategy to enhance hydrocarbon production in a cost-effective manner, contributing to long-term energy security and national economic growth.
This information is provided in compliance with Section 96 of the Securities Act, 2015, and Clause 5.6.1 of the Pakistan Stock Exchange Limited Regulations, ensuring transparency and dissemination among market participants.