ISLAMABAD: The public sector company-Oil and Gas Development Company Limited(OGDCL) has taken effective steps for the development of local communities living around its oil and fields.
As part of such efforts, the company installed 75 pressure pumps in Nashpa, Khyber Pakhtunkhwa at a cost of Rs. 6.750 million to provide clean drinking water to people of the area during 2012.
"The installation of pressure pumps at Nashpa has not only increased OGDCL's asset value, but has also enhanced access to water for the local community", says an official source.
Similarly, the company also undertook flood relief activities during the last year and the OGDCL has always been the first to come to the rescue of affected communities in times of national emergencies.
The source added the OGDCL has always given top priority to the development of communities residing in and around the Company's area of operations.
"OGDCL management understands that there is a need to strike a balance between the overall objectives of achieving corporate excellence vis-?-vis social responsibility towards the community. It is our belief that "businesses cannot succeed in societies that fail" and this twin objective of business and social commitment has prompted OGDCL to embark upon massive programs of education, health and infrastructure development." it adds.
On exploration front, the source said the company spudded as many as 14 new wells including three (3) exploratory wells namely Raja-1, Multan North-1 & Tando Qaiser-1, one (1) appraisal well Chak Naurang South-2 and ten (10) development wells namely Nashpa-4, Qadirpur-46, 48 & 49, Bahu-5, 6, 7 & 8, Rajian-7 and Bobi- 10. Subsequently, two (2) exploratory wells namely Kurram-1 & Soghri X-1 and one development well namely Mela-4 were also spudded during the month of April 2013 making a total of seventeen (17) wells during financial year 2012-13.
Company's exploratory efforts to locate new hydrocarbon reserves yielded three (3) new oil and gas discoveries at Naspha-3 (Naspha E.L) in District Karak, Khyber Pakhtunkhwa, Zin SML-1 (Zin E.L) in District Dera Bugti, Balochistan and at Suleman-1 (Khewari E.L) in District Khairpur, Sindh.
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