Exploration South
Exploration South Asset currently comprises of 10 operated and three partner-operated exploration blocks. These blocks fall in areas, explored by other companies in the past, having mainly 2D seismic with some 3D coverage and well density along with number of hydrocarbon discoveries. When PPL started working in these blocks, the understanding at the time was that the area falls in western most limit of the play and reservoir would not extend this far.
The exploration efforts in South Asset successfully extended the play fairway of the most prolific Lower Goru Sand play further westwards’ resulting in several hydrocarbon discoveries by PPL most notably with 11 discoveries in Gambat South Block. PPL exploration success in South Asset resulted not only in new conventional plays but also helped unlock a complete frontier of tight gas in the region from Sembar & Chiltan Formations, which can prove a game changer in years to come.
The primary focus of Exploration South Asset remains on benefiting from latest technologies to discover and produce from reservoir intervals previously untapped due to either high cost or non-availability of advance seismic and drilling technologies.
The key challenge is relatively small size of prospect and greater reservoir depth in most cases, which can reduce the commerciality of the project. Despite this, PPL’s knowledge and experience has established gas infrastructure in the area and low operation costs have provided opportunity for early revenue generation