ISLAMABAD – Oil & Gas Development Company Limited (OGDCL) the largest E&P Company in Pakistan achieved highest ever crude oil production of 50157 barrels per day. Surpassing psychological barrier of 50,000 bpd was part of Company’s business plan and strategy.
Through sheer hard work, use of best practices and deployment of latest technology, the target has been achieved. Additionally, Company is all set to inject 100 mmscfd gas in the system during the winter season besides 400 MT of LPG and 4000 barrels of crude oil.
OGDCL has already embarked on the course of aggressive exploration which is evident from ongoing seismic operations in Balochistan and KPK.
For the first time in Country’s history, four seismic crews are working in frontier areas of Balochistan including Pasni, Gwadar, Kharan, Zhob, Musa Khel and Lasbela. Seismic activities in Fata are also in full swing in Latambar Block.
The company is hopeful that ongoing exploration will lead to new discoveries and fortify OGDCL’s reserves portfolio besides ensuring the long-term sustainability of the Company and meeting energy demand in the country. — Online