ISLAMABAD – Oil and Gas Development Company Limited (OGDCL) has drilled 22wells including 12 exploratory/appraisal and ten developmental during thelast fiscal year, besides injecting approximately 1,337,395 barrels crudeoil and 9,348 mmcf gas in its pool from 18 new wells.

“This year, the company has set a target to drill around 28 wells, out ofwhich 17 are exploratory and 10 are developmental including a Shale gas andoil. The company is confident to meet the target,” official sources toldAPP.

Besides, it has set a target to drill around 28 oil and gas wells duringthe current fiscal year, and in the first quarter it has injected five newwells producing 4,133 barrels crude oil and 891 mmcf gas in its productiongathering system, they said.

The company, the sources said, being cognizant of the country’s increasingenergy demand, in the first quarter of year 2017-18 has added production offive newly operated wells namely Pakhro-I, Dachrapur-3, Chanda-4 andQadirpur-58 and HRL-12 in the system.

They said the OGDCL’s crude oil production had reached 42,529 barrels perday (bpd) in first quarter as compared to the same period of thecorresponding year 2016-17, showing 6 percent growth.

Similarly, production of Liquefied Petroleum Gas (LPG) witnessed 73 percentsurge during the period under review. The production has increased from 342tons per day (tpd) to 590 tpd, the sources added.

The company drilled two new development wells namely Mela-6 and QadirpurHRL-14, while it made two oil and gas discoveries in districts Sukkur andHyderabad of the Sindh province.

Replying to a question, they said the company in an effort to explore newoil and gas reserves continued with its seismic data activities andacquired 181 sq. km of 3D and 49 Line Km of 2D seismic data during theperiod. – APP