502:
2009–2010. Production commenced from two development wells and a third well spud-into during the fiscal year 2010–2011. Drilling of well Sui-92U was started in March 2010. The well was drilled up to the depth of 2,128 meters in the Pab reservoir and was successfully completed as a single-string producer from Sui upper limestone (SUL) in
December 2010. Drilling of well Sui-89M started in January 2011 and was completed in February 2011. Sui-93M was drilled as a horizontal well using under-balanced drilling technology in the reservoir for the first time in pakistan to optimise field production. Well drilling started in March 2011 and completed in July 2011.
37:
813:
827:
290:
267:
244:
221:
198:
487:
mid-October 2010 adding 30 million cu ft/d (850 thousand m/d) of gas thereby increased available production to 190 million cu ft/d (5.4 million m/d). In
December 2010, compression station began commercial operation to maintain contractual delivery pressure and enhance recovery ratio.
473:
Kandhkot gas field was discovered in 1959 but due to low demand, production did not begin until 1987. It was hit by a flood in August 2010 and one of the gas gathering mains (GGM) submerged completely and two GGMs partly. There were 25 producing wells out of which 15 were shut-in. Production from the
569:
During the financial year 2010–2011, the sales of barytes were 41,316 tonnes and Bolan earned a pre-tax profit of PKR 138.864 million from the barytes project in
Khuzdar, as compared to PKR 148.800 million earned in 2009–2010. A sum of PKR 27.440 million appropriated towards reserves
501:
Sui gas field was discovered in 1952 and is PPL's flagship natural gas project. It is under the depletion phase, gas sales during the financial year 2010–2011 were 170.8 billion cu ft (4.84 billion m) against 177.6 billion cu ft (5.03 billion m) in
561:
Bolan Mining
Enterprises is a joint venture on an equal basis between Pakistan Petroleum and the government of Baluchistan. A grinding mill having a capacity of 50,000 tonnes per year was set up and has met almost 80 percent of the total barytes required by oil exportation companies operating in
486:
from the peak of 195 million cu ft/d (5.5 million m/d) of gas. Eight wells were bought into operation by
September 2010. After repairs, production increased to 160 million cu ft/d (4.5 million m/d). Two additional wells brought into operation by
444:
In 2012, Pakistan
Petroleum acquired MND assets in Pakistan for $ 180 million. Later, it was unearthened that Pakistan Petroleum paid twice the market value and this resulted in the loss of PKR 6.21 billion. Subsequently, the
1317:
1322:
1332:
1302:
1312:
399:, has non-operating interests in other fields, and has an interest in an exploration portfolio onshore and offshore. Its managing director reports to the
1297:
1327:
692:
1292:
881:
570:
for development and expansion. The company's net 50% share of the profit was PKR 55.712 million during the financial period 2010–2011.
1307:
1247:
1030:
213:
706:
1207:
1087:
799:
400:
446:
775:
563:
1212:
1152:
1005:
874:
656:
1222:
1202:
1010:
578:
In
December 2019, Pakistan Petroleum announced that it had made new discoveries of fresh oil and gas deposits in
411:
Pakistan
Petroleum Limited was incorporated on 5 June 1950, when it inherited the assets and liabilities of the
1147:
1287:
1117:
910:
643:
438:
412:
153:
61:
670:
905:
479:
450:
434:
427:
307:
47:
603:
867:
475:
1080:
566:
specifications. Bolan has been authorised by API to use their 'official nomogram' on Bolan barytes.
1257:
995:
483:
1227:
1162:
1015:
1177:
1142:
1137:
990:
970:
960:
955:
935:
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1242:
854:
415:
which initially held 70 percent of the share with the rest mostly held by the government of
282:
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17:
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55:
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1096:
1000:
965:
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890:
74:
1192:
1045:
980:
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925:
583:
465:
PPL is operator and shares 100% in two fields named
Kandhkot and Sui gas field.
182:
178:
160:
93:
859:
808:
423:
325:
236:
1132:
920:
826:
388:
174:
802:
The
Express Tribune, Published 24 December 2019, Retrieved 7 September 2020
1187:
1100:
894:
416:
657:"MEED | PAKISTAN: Government to sell new Pakistan Petroleum shares"
392:
122:
1237:
65:
725:
693:"The demise of an E&P star – the sad tale of Pakistan Petroleum"
1167:
726:"SC receives NAB inquiry report against PPL about MND acquisition"
579:
259:
1069:
863:
562:
Pakistan. Bolan barytes are produced in accordance with the
800:
Pakistan Petroleum Limited finds fresh oil and gas deposits
847:
644:
Profile of Pakistan Petroleum Limited on Business Recorder
855:
Corporate Profile Overview of Pakistan Petroleum Limited
776:"Pakistan Petroleum earns Rs50 billion in fiscal 2013"
646:
Published 19 February 2020, Retrieved 7 September 2020
395:. It operates major oil and gas fields, including the
1318:
Non-renewable resource companies established in 1950
707:"PPL acquired UK company at double the market value"
354:
724:Reporter, The Newspaper's Staff (28 October 2018).
349:
324:
314:
303:
280:
257:
234:
211:
192:
170:
143:
133:
117:
99:
89:
81:
53:
43:
449:initiated corruption reference cases against the
1323:Companies listed on the Pakistan Stock Exchange
757:Gas Field Overview | Pakistan Petroleum Limited
745:Kandhkot Gas Field | Pakistan Petroleum Limited
433:In 2004, Pakistan Petroleum was listed on the
1081:
875:
8:
29:
453:politicians that started to politicize the
1088:
1074:
1066:
882:
868:
860:
769:
767:
765:
763:
28:
671:"PPL offer price fixed at Rs55 per share"
370:Financials as of 30 June 2023
1333:Pakistani companies established in 1950
595:
1303:Government-owned companies of Pakistan
686:
684:
426:sold all its remaining equity to the
7:
1313:Energy companies established in 1950
639:
637:
635:
633:
631:
629:
627:
384:
506:Partners operated producing fields
299:(US$ 1.9 billion) (2023)
276:(US$ 2.8 billion) (2023)
253:(US$ 340 million) (2023)
230:(US$ 570 million) (2023)
207:(US$ 1.0 billion) (2023)
25:
1298:Oil and gas companies of Pakistan
1208:Oil & Gas Development Company
574:Discoveries in Sindh, Balochistan
474:field dropped to 70 million
342:Pakistan Petroleum Provident Fund
825:
811:
377:Pakistan Petroleum Limited (PPL)
289:
288:
266:
265:
243:
242:
220:
219:
197:
196:
35:
774:Raheel Ahmed (21 August 2013).
401:Petroleum Secretary of Pakistan
367:Footnotes / references
1328:Companies in the KSE 100 Index
447:National Accountability Bureau
1:
1293:2004 initial public offerings
387:) is a Pakistani state-owned
691:Evans, Damon (3 June 2022).
564:American Petroleum Institute
1349:
1308:Companies based in Karachi
1213:Pakistan Oilfields Limited
1153:Fauji Fertilizer Bin Qasim
1006:Pakistan Petroleum Limited
494:
336:PPL Europe E&P Limited
18:Pakistan Petroleum Limited
1266:
1223:Pakistan Refinery Limited
1113:
1054:
1011:Pakistan Refinery Limited
901:
391:company headquartered in
365:
34:
1148:Fauji Fertilizer Company
604:"PPL Annual Report 2023"
557:Bolan Mining Enterprises
517:Block-2768-3 (Block-22)
439:initial public offering
413:Burmah Oil Company Ltd.
333:Bolan Mining Enterprise
906:Air Link Communication
543:Block 3370-10 (Nashpa)
451:Pakistan Peoples Party
435:Karachi Stock Exchange
428:Government of Pakistan
308:Government of Pakistan
105:; 74 years ago
535:Makori East discovery
514:Block 2668-4 (Gambat)
441:at PKR 55 per share.
339:PPL Asia E&P B.V.
1269:As of September 2024
1103: →
511:Block 2669-3 (Latif)
480:cubic metres per day
430:for $ 5.75 million.
1258:United Bank Limited
996:NetSol Technologies
780:The Express Tribune
711:The Express Tribune
520:Block 3370-3 (Tal)
484:standard conditions
422:In September 1997,
316:Number of employees
31:
1228:Pakistan State Oil
1218:Pakistan Petroleum
1163:Habib Bank Limited
1016:Pakistan State Oil
713:. 18 January 2017.
549:Qadirpur gas field
532:Maramzai discovery
529:Mamikhel discovery
478:(2.0 million
476:cubic feet per day
469:Kandhkot gas field
455:board of directors
424:Burmah Oil Company
30:Pakistan Petroleum
1275:
1274:
1203:National Refinery
1178:Maple Leaf Cement
1143:Engro Fertilizers
1138:Engro Corporation
1108:
1063:
1062:
1057:As of August 2024
991:National Refinery
971:Maple Leaf Cement
961:Interloop Limited
936:Engro Fertilizers
931:Engro Corporation
374:
373:
320:2,594 (2023)
16:(Redirected from
1340:
1104:
1090:
1083:
1076:
1067:
926:Dolmen City REIT
884:
877:
870:
861:
851:
850:
848:Official website
835:
830:
829:
821:
816:
815:
814:
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790:
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771:
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653:
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641:
622:
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619:
617:
608:
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538:Tolang discovery
386:
385:پاکستان پیٹرولیم
361:
358:
356:
298:
296:
292:
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285:
275:
273:
269:
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246:
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229:
227:
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214:Operating income
206:
204:
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199:
113:
111:
106:
103:5 June 1950
39:
32:
21:
1348:
1347:
1343:
1342:
1341:
1339:
1338:
1337:
1278:
1277:
1276:
1271:
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1253:Systems Limited
1243:Searle Pakistan
1198:Millat Tractors
1118:Attock Refinery
1109:
1094:
1064:
1059:
1050:
1036:Systems Limited
986:Millat Tractors
911:Attock Refinery
897:
888:
846:
845:
842:
831:
824:
819:Pakistan portal
817:
812:
810:
807:
806:
798:
794:
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773:
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761:
753:
749:
741:
737:
723:
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718:
705:
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700:
690:
689:
682:
677:. 29 June 2004.
669:
668:
664:
655:
654:
650:
642:
625:
615:
613:
606:
602:
601:
597:
592:
576:
559:
552:Sawan gas field
546:Miano gas field
508:
499:
493:
471:
463:
437:, following an
409:
369:
353:
345:
317:
297:540.867 billion
294:
293:
281:
274:794.444 billion
271:
270:
258:
248:
247:
239:
225:
224:
216:
205:288.053 billion
202:
201:
185:
181:
177:
166:
146:
136:
129:
125:
109:
107:
104:
73:
68:
58:
23:
22:
15:
12:
11:
5:
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1336:
1335:
1330:
1325:
1320:
1315:
1310:
1305:
1300:
1295:
1290:
1288:Burmah-Castrol
1280:
1279:
1273:
1272:
1267:
1264:
1263:
1261:
1260:
1255:
1250:
1245:
1240:
1235:
1233:Pioneer Cement
1230:
1225:
1220:
1215:
1210:
1205:
1200:
1195:
1190:
1185:
1183:Mari Petroleum
1180:
1175:
1170:
1165:
1160:
1155:
1150:
1145:
1140:
1135:
1130:
1125:
1120:
1114:
1111:
1110:
1095:
1093:
1092:
1085:
1078:
1070:
1061:
1060:
1055:
1052:
1051:
1049:
1048:
1043:
1041:TPL Properties
1038:
1033:
1028:
1026:Shell Pakistan
1023:
1021:Pioneer Cement
1018:
1013:
1008:
1003:
998:
993:
988:
983:
978:
976:Mari Petroleum
973:
968:
963:
958:
953:
948:
943:
938:
933:
928:
923:
918:
913:
908:
902:
899:
898:
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886:
879:
872:
864:
858:
857:
852:
841:
840:External links
838:
837:
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804:
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555:
554:
553:
550:
547:
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541:
540:
539:
536:
533:
530:
527:
524:
523:Manzalai field
518:
515:
512:
507:
504:
495:Main article:
492:
489:
470:
467:
462:
459:
408:
405:
372:
371:
363:
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351:
347:
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321:
318:
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312:
311:
305:
301:
300:
286:
278:
277:
263:
255:
254:
251:97.221 billion
240:
235:
232:
231:
228:165.60 billion
217:
212:
209:
208:
194:
190:
189:
187:Aviation fuels
172:
168:
167:
165:
164:
159:Shahab Rizvi (
157:
152:Imran Abbasy (
149:
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1136:
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1131:
1129:
1126:
1124:
1123:Bank AL Habib
1121:
1119:
1116:
1115:
1112:
1107:
1102:
1099:companies of
1098:
1091:
1086:
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1068:
1058:
1053:
1047:
1044:
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1034:
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1024:
1022:
1019:
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987:
984:
982:
979:
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974:
972:
969:
967:
964:
962:
959:
957:
954:
952:
949:
947:
944:
942:
941:Engro Polymer
939:
937:
934:
932:
929:
927:
924:
922:
919:
917:
916:Cherat Cement
914:
912:
909:
907:
904:
903:
900:
896:
893:companies of
892:
885:
880:
878:
873:
871:
866:
865:
862:
856:
853:
849:
844:
843:
839:
834:
833:Energy portal
828:
823:
820:
809:
801:
796:
793:
781:
777:
770:
768:
766:
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756:
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556:
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534:
531:
528:
525:
522:
521:
519:
516:
513:
510:
509:
505:
503:
498:
497:Sui gas field
491:Sui gas field
490:
488:
485:
481:
477:
468:
466:
460:
458:
456:
452:
448:
442:
440:
436:
431:
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420:
418:
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406:
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398:
397:Sui gas field
394:
390:
382:
378:
368:
364:
360:
352:
348:
341:
338:
335:
332:
331:
329:
327:
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63:
60:
57:
52:
49:
46:
42:
38:
33:
27:
19:
1268:
1217:
1173:Lucky Cement
1158:Fauji Cement
1128:Bank Alfalah
1056:
1001:Nishat Mills
966:Lucky Cement
946:Fauji Cement
795:
783:. Retrieved
779:
750:
738:
729:
719:
710:
701:
674:
665:
651:
614:. Retrieved
610:
598:
577:
568:
560:
526:Makori field
500:
472:
464:
443:
432:
421:
410:
376:
375:
366:
326:Subsidiaries
283:Total equity
260:Total assets
118:Headquarters
44:Company type
26:
1193:Meezan Bank
1046:Unity Foods
981:Meezan Bank
951:Faysal Bank
785:7 September
584:Balochistan
183:Motor fuels
179:Natural gas
135:Area served
94:Oil and gas
1282:Categories
616:6 December
611:ppl.com.pk
590:References
461:Operations
237:Net income
145:Key people
139:Nationwide
110:1950-06-05
72:component
1133:DG Cement
956:Hub Power
921:DG Cement
457:in 2010.
389:petroleum
295:Rs.
272:Rs.
249:Rs.
226:Rs.
203:Rs.
175:Petroleum
77:component
56:Traded as
1188:MCB Bank
1101:Pakistan
895:Pakistan
730:DAWN.COM
675:DAWN.COM
419:(GoP).
417:Pakistan
310:(67.51%)
171:Products
161:Chairman
128:Pakistan
82:Industry
1106:KSE-100
407:History
393:Karachi
350:Website
193:Revenue
123:Karachi
108: (
100:Founded
70:KSE 100
64::
1238:Sazgar
1097:KSE-30
891:KMI-30
85:Energy
75:KSE 30
48:Public
1248:SNGPL
1168:Hubco
1031:SNGPL
743:About
607:(PDF)
580:Sindh
482:) at
304:Owner
90:Genre
787:2020
618:2023
582:and
381:Urdu
357:.com
755:Sui
403:.
359:.pk
355:ppl
154:CEO
66:PPL
62:PSX
1284::
778:.
762:^
728:.
709:.
683:^
673:.
626:^
609:.
586:.
383::
126:,
1089:e
1082:t
1075:v
883:e
876:t
869:v
789:.
732:.
695:.
659:.
620:.
379:(
163:)
156:)
112:)
20:)
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.