Prize Petroleum Company Ltd (PPCL)
Address: Jeevan Bharti Building, 11th Floor, Tower-1,124, Conaught Place, Indira Chowk, New Delhi-110001(India)
Company descriptionPPCL is an upstream oil producer focused on the appraisal and development of hydrocarbon accumulations in the onshore and offshore projects. As an Operator, PPCL has been successful in developing marginal oil fields in Cambay Basin, Gujarat with the use of recent technology and good operation management. Prize has state of the art software capabilities – like Geo-graphix for G & G, CMG’s IMX for reservoir simulation and Well- Flo & Pan-System for production activities.
With outstanding subsurface knowledge, commercial creativity and disciplined investment, PPCL is confident of getting more out of fields and discoveries which have either been overlooked or abandoned by other companies . PPCL has the skills and resources to be the operator of significant development and production assets.
PPCL believes partnerships are critical to the success of the business and to meet production and revenue targets. Prize works with partner companies of appropriate size and capabilities to operate the infrastructures on its behalf, whilst Prize manages the assets, subsurface development, license obligations, drilling and well operations. Prize views partner organisations and their staff as integral to our own operations. Prize works closely with partners, to create successful outcomes by integrating planning, defining mutual objectives, and promoting a business ethic of collaboration and support.
Products and servicesUpstream oil producer