OGDCL made four oil and gas discoveries

OGDCL made four oil and gas discoveries

ISLAMABAD – The Oil and Gas Development Company Limited (OGDCL) has madefour hydrocarbon discoveries with expected cumulative daily productionpotential of 39 MMCF gas and 2,850 BBL of crude oil, during first half ofthe current fiscal year in different parts of the current year.

The discoveries include Wali-1 (Kawagarh), Wali-1 (Hangu) and Wali-1(Lockhart) in district Frontier Region Lakki of Khyber Pakhtunkhwa andJandran West-1 in district Kohlu of Balochistan province, according to afinancial report for second quarter of year 2021-22 available with APP.During the period under review, the company spud six wells including fourexploratory wells (Bago Phulphoto-1, Bewato-1, Killi Malik-1 &Kalerishum-1)) and two development (Hakeem Daho-3 & Qadirpur-63). Moreover,drilling and testing of nine wells pertaining to previous fiscal year wascompleted and the total drilling in the six months period remained 23,913meters. OGDCL also injected seven operated wells, producing 171,110 barrel(BBL) crude oil and 883 million cubic feet (MMCF) gas, in its productiongathering system, including Tando Alam-21, Sial-1, Pasakhi-12, Mangrio-2,Togh Bala-2, Gundunwari-1 and Pandhi-1 which cumulatively yielded grosscrude oil and gas production of 171,110 barrels and 833 MMcf respectively.Overall, the OGDCL contributed around 48 per cent, 29 per cent and 38 percent towards the country’s total oil, natural gas and Liquefied PetroleumGas (LPG) production respectively.

In an effort to arrest natural decline and sustain production from maturewells, the company also carried out 52 work-over jobs comprising nine withrig and 43 rig-less. Moreover, to induce improvement in the current wellflow parameters, the pressure build-up survey jobs were completed atvarious wells of producing fields like Mela, Pasahki, Nashpa, Qadirpur,Maru-Reti Uch and Kunnar fields.

Despite natural decline at various mature producing fields, the OGDCLwitnessed an increase in its crude oil and LPG production in comparison tothe corresponding period last year.

The company’s average daily net LPG production clocked at 814 tons due tohigher production mainly from Mela, Nashpa and TAY fields. Likewise,average daily net crude oil production remained at 36,7887 barrels showingan increase of three percent predominantly from Pasahki, Kunnar, Mela,Tando Alam and Mangrio fields, while the company’s average daily net saleable gas production stood at 827 MMcf.