• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
Trending:
  • Kashmir
  • Elections
Thursday, July 2, 2026

Daily Times

Your right to know

  • HOME
  • Latest
  • Iran-Israel war
  • Gilgit Baltistan Election
  • Pakistan
    • Balochistan
    • Gilgit Baltistan
    • Khyber Pakhtunkhwa
    • Punjab
    • Sindh
  • World
  • Editorials & Opinions
    • Editorials
    • Op-Eds
    • Commentary / Insight
    • Perspectives
    • Cartoons
    • Letters to the Editor
    • Featured
    • Blogs
      • Pakistan
      • World
      • Lifestyle
      • Culture
      • Sports
  • Business
  • Sports
  • E-PAPER
    • Lahore
    • Islamabad
    • Karachi

News Desk

PPL enhances well output after workover operation

Published on: May 14, 2026 3:06 AM

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.

Filed Under: Business

Submit a Comment




Primary Sidebar




Latest News

US, Iran enter tech talks to secure peace deal, shipping restart

Pakistan gives the lie to India’s remarks on terror strikes along Afghan border

US embassy

US Signs Agreement to Build Permanent Embassy in Occupied Jerusalem

Pakistan urges India to release 97 prisoners during exchange of lists

Overall violence declines in June despite high-profile attacks: report

Pakistan

US, Iran enter tech talks to secure peace deal, shipping restart

Pakistan gives the lie to India’s remarks on terror strikes along Afghan border

Pakistan urges India to release 97 prisoners during exchange of lists

Overall violence declines in June despite high-profile attacks: report

President discusses inter-provincial affairs with Sindh, Balochistan CMs

More Posts from this Category

Business

Pakistan eyes fully Shariah-compliant financial sector from 2028

Pakistan buys spot LNG cargo fearing disruptions over renewed ME tension

Gold prices dip by Rs 5,200 per tola

PSX rises by over 2% on back of bullish momentum

SECP unveils Pakistan’s first ESG mutual funds framework

More Posts from this Category

World

US, Iran enter tech talks to secure peace deal, shipping restart

US embassy

US Signs Agreement to Build Permanent Embassy in Occupied Jerusalem

US top court reaffirms constitutional guarantee of citizenship at birth

More Posts from this Category




Footer

Home
Lead Stories
Latest News
Editor’s Picks

Culture
Life & Style
Featured
Videos

Editorials
OP-EDS
Commentary
Advertise

Cartoons
Letters
Blogs
Privacy Policy

Contact
Company’s Financials
Investor Information
Terms & Conditions

Facebook
Twitter
Instagram
Youtube

© 2026 Daily Times. All rights reserved.

Manage Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
  • Manage options
  • Manage services
  • Manage {vendor_count} vendors
  • Read more about these purposes
View preferences
  • {title}
  • {title}
  • {title}