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KP Oil and Gas company completes work on huge oil and gas discovery made in the province

KP Oil and Gas company completes work on huge oil and gas discovery made in the province

*PESHAWAR: The Khyber Pakhtunkhwa Oil and Gas Company Limited (KPOGCL) incollaboration with Oil and Gas Development Company Limited (OGDCL) haveannounced completion of work on the Baratai Well.*

A press release said the well has the capacity of 30 million cubic feet perday (MMCFD) of gas and 700 barrels crude oil.

With an aim to tap natural resources, it said the KPOGCL chief executiveRaziuddin signed an agreement with OGDCL for work in the Baratai Block. Itadded that seismic data was acquired, processed and interpreted by themutual working of KPOGCL and OGDCL technical teams.

“After several technical meetings, workshops and seismic reinterpretation,drilling was started on May 24, 2017.

The well was drilled to a depth of 5,014 meters in a record time of 199days,” the press release added. Raziuddin said that Baratai discovery was alandmark achievement. He pointed out that KPOGCL is the first provincialcompany to start its production.