Overview

Vibrators on line during a seismic survey at Dhok Sultan Block Punjab

Crew lays signal receiver cable along the line on rugged mountains during a seismic survey at Bela West Block Balochistan

Data recording in progress for Karsal Block Punjab

Vibrators on line during 3D seismic survey at Karsal Block

Vibrators on line during 3D seismic survey at Iraq

Rig at Morgandh X-1 Margand Block Balochistan

Rig at Sharf X-1 Gambat South Block Sindh

Pakistan Petroleum Limited (PPL) has an aggressive exploration programme geared to optimize production and replenish reserves. The company has invested in acquiring state-of-the-art integrated technology and enhancing human resource competencies to achieve desired outputs and minimize risks through well-coordinated teamwork and strategic partnerships with local and international Exploration and Production companies.

Rig at Bela West X-1 Bela West Block Balochistan

PPL’s Exploration and Core Business Development (E&CBD) consists of two assets: Domestic and Frontier. In addition, Overseas and Core Business Development (O&CBD), Subsurface Technologies & Support Services (STSS) and Mineral Resources departments also fall under the umbrella of E&CBD.

The company, together with its subsidiaries, has a portfolio of 50 exploration blocks. These consist of 28 operated blocks, including one international offshore Block 5 in Abu Dhabi and a local offshore lease in Pakistan, and 22 partner-operated concessions, including Block 3 in Yemen.

As such, PPL strategically holds a diversified exploration portfolio with a mix of high-risk, high-reward and low-risk, low/ medium-reward assets. Furthermore, the company's business cycle, as proven historically, involves initiation of production within a few years of investing in domestic exploration, is slated to position PPL as a front-line E&P company, to reap the benefits of rebounding oil prices.