BR100 Increased By (1.75%)
BR30 Increased By (1.81%)
KSE100 Increased By (1.62%)
KSE30 Increased By (1.61%)
AGHA 8.10 Increased By ▲ 0.03 (0.37%)
BECO 5.27 Increased By ▲ 0.02 (0.38%)
BML 59.13 Decreased By ▼ -0.27 (-0.45%)
BOP 34.19 Increased By ▲ 0.47 (1.39%)
CNERGY 9.66 Increased By ▲ 0.09 (0.94%)
CSIL 5.50 Increased By ▲ 0.08 (1.48%)
FCCL 54.22 Increased By ▲ 2.34 (4.51%)
FFL 16.84 Increased By ▲ 0.15 (0.9%)
FNEL 1.24 Increased By ▲ 0.02 (1.64%)
KEL 7.60 Increased By ▲ 0.17 (2.29%)
KOSM 5.68 Increased By ▲ 0.11 (1.97%)
LOTCHEM 30.35 Decreased By ▼ -0.23 (-0.75%)
MLCF 98.16 Increased By ▲ 2.49 (2.6%)
NBP 208.79 Increased By ▲ 4.60 (2.25%)
NCPL 59.61 Increased By ▲ 4.70 (8.56%)
NPL 69.87 Increased By ▲ 5.13 (7.92%)
OGDC 323.36 Increased By ▲ 2.37 (0.74%)
PACE 11.00 Increased By ▲ 0.46 (4.36%)
PAEL 42.29 Increased By ▲ 0.91 (2.2%)
PIBTL 16.88 Increased By ▲ 0.11 (0.66%)
PPL 224.73 Increased By ▲ 0.53 (0.24%)
PRL 41.50 Increased By ▲ 0.10 (0.24%)
PTC 71.40 Increased By ▲ 2.96 (4.32%)
SSGC 29.40 Increased By ▲ 0.99 (3.48%)
TBL 9.96 Decreased By ▼ -0.04 (-0.4%)
TELE 9.00 Increased By ▲ 0.31 (3.57%)
TPL 16.57 Decreased By ▼ -0.17 (-1.02%)
TPLP 12.77 Increased By ▲ 0.64 (5.28%)
TREET 23.15 Increased By ▲ 0.28 (1.22%)
TRG 60.45 Increased By ▲ 2.82 (4.89%)

KARACHI: The Oil and Gas Development Company Limited (OGDCL) has announced the commencement of production from the Uch-35 development well.

Utilizing the company’s in-house expertise, the well was drilled to a depth of 1,345 meters, targeting the hydrocarbon potential of the Sui Main Limestone (SML) formation, material information sent to Pakistan Stock Exchange on Wednesday said. Uch-35 is currently producing 5 million standard cubic feet per day (mmscfd) of gas. After the laying of an 8-inch diameter, 1.2-kilometer flow line, the well has been connected to the OGDCL Uch Gas Processing Plant, enabling gas supply to Uch Power Limited (UPL), it added.

As the operator of the Uch Development & Production Lease with a 100 percent stake, the OGDCL holds a strategic Position in this field, located in the Dera Bugti distric of Balochistan province.

“The OGDCL remains focused on synchronized exploration, drilling, and development efforts, prioritizing rapid production optimization to strengthen national energy security and promote sustainable development.”

Copyright Business Recorder, 2024

Comments

Comments are closed for this article.