AIRLINK 70.46 Decreased By ▼ -1.23 (-1.72%)
BOP 4.95 Decreased By ▼ -0.05 (-1%)
CNERGY 4.34 Decreased By ▼ -0.05 (-1.14%)
DFML 27.92 Decreased By ▼ -0.63 (-2.21%)
DGKC 81.25 Decreased By ▼ -1.15 (-1.4%)
FCCL 21.52 Decreased By ▼ -0.43 (-1.96%)
FFBL 33.30 Decreased By ▼ -0.85 (-2.49%)
FFL 9.85 Decreased By ▼ -0.23 (-2.28%)
GGL 10.49 Increased By ▲ 0.37 (3.66%)
HBL 113.88 Increased By ▲ 0.88 (0.78%)
HUBC 140.01 Decreased By ▼ -0.49 (-0.35%)
HUMNL 9.03 Increased By ▲ 1.00 (12.45%)
KEL 4.54 Increased By ▲ 0.16 (3.65%)
KOSM 4.44 Decreased By ▼ -0.06 (-1.33%)
MLCF 37.89 Decreased By ▼ -0.12 (-0.32%)
OGDC 134.22 Decreased By ▼ -0.47 (-0.35%)
PAEL 25.90 Decreased By ▼ -0.72 (-2.7%)
PIAA 23.93 Decreased By ▼ -1.47 (-5.79%)
PIBTL 6.45 Decreased By ▼ -0.10 (-1.53%)
PPL 122.18 Increased By ▲ 0.23 (0.19%)
PRL 27.09 Decreased By ▼ -0.64 (-2.31%)
PTC 13.56 Decreased By ▼ -0.24 (-1.74%)
SEARL 55.10 Increased By ▲ 0.21 (0.38%)
SNGP 68.70 Decreased By ▼ -1.00 (-1.43%)
SSGC 10.31 Decreased By ▼ -0.09 (-0.87%)
TELE 8.60 Increased By ▲ 0.10 (1.18%)
TPLP 11.23 Increased By ▲ 0.28 (2.56%)
TRG 61.65 Increased By ▲ 0.75 (1.23%)
UNITY 25.20 Decreased By ▼ -0.02 (-0.08%)
WTL 1.51 Increased By ▲ 0.23 (17.97%)
BR100 7,602 Decreased By -36.4 (-0.48%)
BR30 24,940 Decreased By -32 (-0.13%)
KSE100 72,585 Decreased By -175.8 (-0.24%)
KSE30 23,535 Decreased By -90.4 (-0.38%)

Oil and Gas Development Company Limited (OGDCL) has registered a significant increase in oil and gas production from four of its wells located in Sindh.

The oil and gas exploration company on Monday shared the details of its production enhancement recorded in the month of July via notice to the Pakistan Stock Exchange (PSX).

OGDCL attributed the production enhancement to the use of “cutting-edge technologies for production optimisation”.

Significant enhancement in production were witnessed in Nim East-1, an exploratory well in a joint venture with OGDCL as Operator (95%) and Government Holdings (Private) Limited (GHPL) (5%) is located in District Tando Allah Yar, Sindh.

“After injecting it into the system through a 6”-12.5 Km pipeline, the well resulted in an additional production of 585 BPD oil, 7.4 MMSCFD gas, and 32 MTD LPG.

OGDCL said the gas is being injected into Sui Southern Gas Company Limited (SSGCL) network with effect from July 20, 2023 and remained under observation till July 28, 2023.

Significant production increase was recorded in Pasakhi-11, OGDCL informed that it installed an Electrical Submersible Pump (ESP) in its 100% owned Pasakhi Oil Field, Well -11, situated in District Hyderabad, Sindh.

“The intervention resulted in an incremental impact of 1010 BPD oil. The well is currently producing 1,810 BPD (barrels per day) oil and still under observation for optimum flow rates,” OGDCL said in a notice.

The enhanced production from the well commenced with effect from July 28, 2023.

The production of hydrocarbon also registered an uptick in Chak 2-1, an already producing exploratory well in a joint venture with OGDCL as operator (62.5%), GHPL (22.5%) and Orient Petroleum Inc. (OPI) (15%) located in District Sanghar, Sindh.

“Rigless intervention with additional perforations resulted in an increment of 140 BPD oil, 4.7 MMSCFD gas, and 11 MTD (Metric Ton per Day) LPG.”

OGDCL said the gas is being injected into SSGCL network with effect from July 20, 2023 and remained under observation till July 28, 2023.

Lastly, oil and gas production also increased in Chak-V Dim South-3, an on-production development cum exploratory well located in Chak-5 Dim South Block, District Sanghar, Sindh, with OGDCL 100% working interest.

“Rigless intervention with new perforations resulted in incremental production of 130 BPD oil, 3.8 MMSCFD gas, and 8 MTD LPG. The gas is being injected into SSGCL network with effect from July 24, 2023 and remained under observation till July 28, 2023,” said OGDCL.

Comments

Comments are closed.

Waqar Majeed Jul 31, 2023 06:41pm
Excellent Effort
thumb_up Recommended (0)
Muhammad Faizan Jul 31, 2023 08:19pm
When it will benefit local people????
thumb_up Recommended (0)
Manek Aug 02, 2023 05:48am
Keep it up OGDCL
thumb_up Recommended (0)