OGDC starts production at Uch-35 well

MG News | November 13, 2024 at 09:40 AM GMT+05:00

0:00

November 13, 2024 (MLN): Oil & Gas Development Company Limited (PSX: OGDC) has started production from the Uch-35 development well, it said in a stock filing on Wednesday.

Utilizing the company’s in-house expertise, the well was drilled to a depth of 1,345 meters, targeting the hydrocarbon potential of the Sui Main Limestone (SML) formation.

Uch-35 is currently producing 5 million standard cubic feet per day (MMSCFD) of gas. After the laying of an 8-inch diameter, 1.2-kilometer flow line, the well has been connected to the OGDCL Uch Gas Processing Plant, enabling gas supply to Uch Power Limited (UPL).

As the operator of the Uch Development & Production Lease (D&P.L) with a 100% stake, OGDC holds a strategic position in this field, located in the Dera Bugti district of Balochistan province.

OGDC said it remains focused on synchronized exploration, drilling, and development efforts, prioritizing rapid production optimization to strengthen national energy security and promote sustainable development.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	171,115.82 431.76M	-1.03% -1778.46
ALLSHR	102,630.82 1,022.40M	-0.72% -743.98
KSE30	51,478.54 123.81M	-1.23% -641.56
KMI30	245,731.79 184.52M	-1.22% -3035.83
KMIALLSHR	66,650.32 595.11M	-0.81% -541.20
BKTi	47,279.59 41.00M	-1.38% -660.98
OGTi	35,704.94 10.73M	-1.65% -598.06

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	80,390.00	0.00 0.00	5.00 0.01%
BRENT CRUDE	100.25	102.92 99.55	0.19 0.19%
RICHARDS BAY COAL MONTHLY	110.00	0.00 0.00	-3.30 -2.91%
ROTTERDAM COAL MONTHLY	107.10	107.75 106.20	2.10 2.00%
USD RBD PALM OLEIN	1,191.50	1,191.50 1,191.50	0.00 0.00%
CRUDE OIL - WTI	94.68	0.00 0.00	-0.74 -0.78%
SUGAR #11 WORLD	14.69	14.75 14.46	0.15 1.03%