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PPL plans $40mn deep drilling at Sui: report
Pakistan Petroleum Limited (PPL), one of the country’s largest E&P companies, plans to drill a 6,000-metre exploratory well at its Sui field in fiscal year 2027-28, targeting an initial 2 trillion cubic feet (TCF) of gas, as the company steps up exploration efforts to offset declining output from mature fields. The development came during an analyst briefing session held on Wednesday, reported Arif Habib Limited (AHL) in its report. “Sui Deep drilling is targeted for FY28, with a planned depth of 6,000 metres and an initial gas target of -2 TCF. High temperature and high pressure condition...
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