OGDC commences production at Nur West Well in Sujawal

News Image

By MG News | August 12, 2024 at 11:36 AM GMT+05:00

0:00

August 12, 2024 (MLN): The Oil & Gas Development Company Limited (PSX: OGDC) has reported commencement of early commercial production of Tight Gas from Nur West Well-1.

The country's largest exploration and production company holds 100% working interest in Nur Development & Production Lease (D&PL), located in district Sujawal, Sindh Province.

The well currently produces 1.5 MMSCFD of gas with a wellhead flowing pressure of 1050 PSI, sourced from the Lower Guru formation ('A' Sand), it said in a stock filing on Monday.

The gas has been integrated into the Sui Southern Gas Company Limited (SSGCL) network, consequently strengthening the national gas supply infrastructure.

Nur West #01 well was drilled to a depth of 2,975 meters. The well encountered a tight formation, and conventional testing methods did not yield favorable outcomes.

Hydraulic fracturing was subsequently employed to achieve production viability.

OGDC has formulated a Tight Gas exploration and development roadmap which is currently under implementation, reaffirming the company's commitment to augmenting energy resources, securing national energy needs, and promoting sustainable development across Pakistan, it said.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 131,949.07
198.95M
0.97%
1262.41
ALLSHR 82,069.26
730.83M
0.94%
764.01
KSE30 40,387.76
80.88M
1.11%
442.31
KMI30 191,376.82
77.76M
0.36%
678.77
KMIALLSHR 55,193.97
350.11M
0.22%
119.82
BKTi 35,828.25
28.42M
3.64%
1259.85
OGTi 28,446.34
6.84M
-1.02%
-293.01
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 108,125.00 110,525.00
107,865.00
-2290.00
-2.07%
BRENT CRUDE 68.51 68.89
67.75
-0.29
-0.42%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
0.75
0.78%
ROTTERDAM COAL MONTHLY 106.00 106.00
105.85
-2.20
-2.03%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 66.50 67.18
66.04
-0.50
-0.75%
SUGAR #11 WORLD 16.37 16.40
15.44
0.79
5.07%

Chart of the Day


Latest News
July 05, 2025 at 02:57 PM GMT+05:00

National Savings Schemes see over Rs27bn inflow in May


July 04, 2025 at 10:16 PM GMT+05:00

CAT upholds CCP’s ruling against PREMA Milk


July 04, 2025 at 10:07 PM GMT+05:00

Gold price in Pakistan falls Rs1,500 per tola


July 04, 2025 at 08:01 PM GMT+05:00

TRG in Supreme Court


July 04, 2025 at 06:41 PM GMT+05:00

Govt domestic debt, liabilities nears Rs54tr in May



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg