AIRLINK 190.78 Decreased By ▼ -4.05 (-2.08%)
BOP 9.80 Decreased By ▼ -0.01 (-0.1%)
CNERGY 7.74 Increased By ▲ 0.38 (5.16%)
FCCL 40.21 Increased By ▲ 1.63 (4.22%)
FFL 16.74 Increased By ▲ 0.29 (1.76%)
FLYNG 28.20 Increased By ▲ 0.66 (2.4%)
HUBC 132.15 Increased By ▲ 0.40 (0.3%)
HUMNL 13.85 Decreased By ▼ -0.01 (-0.07%)
KEL 4.60 Decreased By ▼ -0.06 (-1.29%)
KOSM 6.63 Decreased By ▼ -0.03 (-0.45%)
MLCF 46.99 Increased By ▲ 1.60 (3.53%)
OGDC 212.90 Decreased By ▼ -1.09 (-0.51%)
PACE 6.87 Increased By ▲ 0.01 (0.15%)
PAEL 40.30 Increased By ▲ 0.24 (0.6%)
PIAHCLA 17.20 Increased By ▲ 0.41 (2.44%)
PIBTL 8.37 Increased By ▲ 0.05 (0.6%)
POWER 9.60 Increased By ▲ 0.17 (1.8%)
PPL 181.90 Decreased By ▼ -0.29 (-0.16%)
PRL 41.59 Decreased By ▼ -0.24 (-0.57%)
PTC 24.66 Increased By ▲ 0.10 (0.41%)
SEARL 104.25 Increased By ▲ 1.72 (1.68%)
SILK 0.99 Decreased By ▼ -0.01 (-1%)
SSGC 39.59 Increased By ▲ 0.15 (0.38%)
SYM 17.28 Decreased By ▼ -0.05 (-0.29%)
TELE 8.75 Decreased By ▼ -0.01 (-0.11%)
TPLP 12.66 Decreased By ▼ -0.09 (-0.71%)
TRG 66.91 Increased By ▲ 1.51 (2.31%)
WAVESAPP 11.25 Increased By ▲ 0.14 (1.26%)
WTL 1.77 Increased By ▲ 0.07 (4.12%)
YOUW 4.04 Increased By ▲ 0.10 (2.54%)
BR100 11,993 Increased By 19 (0.16%)
BR30 36,348 Increased By 201.3 (0.56%)
KSE100 113,553 Increased By 109.6 (0.1%)
KSE30 35,646 Increased By 10.8 (0.03%)

The Oil and Gas Development Company Limited (OGDCL), Pakistan’s leading exploration and production company, announced a production enhancement at its Kunnar Oil Field in the Hyderabad district of Sindh.

The listed company, in its notice to the Pakistan Stock Exchange (PSX) on Thursday, shared details of the development.

The company said that Kunnar-12 well is part of OGDCL’s Kunnar Oil Field, with a 100% working interest in Kunnar Mining Lease Area.

OGDCL stated that after reassessing the well’s potential through production optimization, the E&P deployed a rig to replace the conventional Jet Pump with an Electrical Submersible Pump (ESP).

OGDC revitalises oil producing Kunnar-11 well in Sindh

“These measures have increased production at Kunnar-12 well from 1,060 barrels per day (bpd) to 1,820 bpd, an increase of 760 bpd,” read the notice.

In addition, OGDCL announced the successful revival of the Kunnar-6 well.

“Kunnar-6 well, previously shut in due to high water production and low oil recovery, has been successfully revived following a comprehensive plan.

“A series of rigless interventions in the Lower Goru Upper Sand and re-completion using an artificial lift system (ESP) have optimized its performance,” read the notice.

The company said that Kunnar-6 well is now producing at a rate of 400 bpd of oil.

“These interventions have collectively resulted in an incremental production of 1,160 bpd from Kunnar Oil Field.

“This achievement highlights OGDCL’s technical expertise, innovative strategies, and commitment to maximizing production from its assets, reaffirming its role as a key contributor to the nation’s energy security,” it added.

OGDCL is the largest exploration and production (E&P) company in Pakistan with operations including exploration, drilling operation services, production, reservoir management, and engineering support.

The E&P has the most extensive exploration acreage in Pakistan, covering over 40% of the country’s total acreage awarded with net hydrocarbons of oil and gas.

Comments

200 characters