ISLAMABAD: The Oil & Gas Development Company Limited (OGDCL) on Wednesday announced a remarkable achievement in its pursuit of production optimization initiatives. The company has achieved an impressive enhancement in production at the Siab-1 well, situated within the Baratai Block in the Kohat district of Khyber Pakhtunkhwa province.
Siab-1, a collaborative effort under a joint venture where OGDCL operates with a substantial 97.5% share, in partnership with the Khyber Pakhtunkhwa Oil & Gas Company Limited (KPOGCL) holding the remaining 2.5% share, has showcased the potential of Pakistan’s energy sector.
Since its inception on January 13, 2022, the Siab-1 well has consistently demonstrated its capability by achieving remarkable flow rates. Initially recording 125 barrels per day (BPD) of condensate and 6.2 million standard cubic feet per day (MMSCFD) of gas at a well head flowing pressure (WHFP) of 1700 PSI from the Lockhart formation, Siab-1 has now exceeded all expectations.
Through the strategic and successful implementation of a rigless intervention within the Lockhart formation, OGDCL has unlocked a new era of hydrocarbon production. This intervention has led to an astounding increase in output, with the well now producing an additional 265 BPD of oil and an impressive 14.3 MMSCFD of gas at a WHFP of 4300 PSI.
The enhanced production at Siab-1 officially started on August 28, 2023. Since then, the well has consistently delivered exceptional results, contributing to a cumulative production of 20.5 MMSCFD of gas and 390 BPD of oil.
It is noteworthy that this substantial increase in gas production is injected into the SNGPL network, contributing significantly to the country’s energy resources. This achievement is a testament to OGDCL’s commitment to innovation and excellence in the field of oil and gas exploration and production.
OGDCL ACHIEVES SIGNIFICANT PRODUCTION ENHANCEMENT AT SIAB-1 WELL IN KOHAT, KPK PROVINCE
