ISLAMABAD, July 08, 2024: Oil and Gas Development Company Limited (OGDCL) on Monday announced the successful revitalization of the Kunnar-11 well, located in Hyderabad, Sindh. Utilizing advanced production optimization techniques, the well is now producing 960 barrels of oil per day.
The production optimization drive underscores OGDCL’s commitment to enhancing oil production through modern recovery methods. The Kunnar-11 well, part of the OGDCL Kunnar Oil Field, is situated within the Kunnar Mining Lease Area, where OGDCL holds 100% working interest. This initiative highlights the company’s commitment to optimizing production and demonstrates the effectiveness of modern recovery techniques in rejuvenating mature wells.
Moreover, the production optimization from the Kunnar-11 well is projected to result in annual foreign exchange savings of approximately $ 30.19 million (PKR 8.45 billion) as import substitution for the country.OGDCL is committed to exploring and implementing advanced technologies to optimize production and ensure a reliable supply of energy resources to meet the growing demands of the nation.
Related posts
-
CM Sindh says his govt spending Rs218bn on Karachi’s developmentCM interacts with Islamabad journalist
KARACHI (Oct 5): Sindh Chief Minister Syed Murad Ali... -
NBP won the ADB Disability Inclusion Champion Award 2024
National Bank of Pakistan has won the prestigious Disability... -
K-Electric, Auditor General Clash Over Subsidy Data Discrepancies
ISLAMABAD – K-Electric (KE) and the Auditor General of...