OGDC starts production at Uch-35 well

News Image

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 157,023.56
67.79M
-0.81%
-1289.89
ALLSHR 93,964.19
129.32M
-0.74%
-701.58
KSE30 47,684.73
25.67M
-0.82%
-394.83
KMI30 227,468.20
28.59M
-0.96%
-2211.66
KMIALLSHR 61,265.77
67.02M
-0.85%
-527.70
BKTi 43,169.05
6.26M
-0.19%
-82.26
OGTi 32,684.41
2.23M
-1.00%
-328.72
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 70,520.00 71,595.00
70,435.00
-340.00
-0.48%
BRENT CRUDE 104.18 104.25
102.75
1.96
1.92%
RICHARDS BAY COAL MONTHLY 99.40 0.00
0.00
-10.10
-9.22%
ROTTERDAM COAL MONTHLY 118.45 118.45
118.45
0.30
0.25%
USD RBD PALM OLEIN 1,175.00 1,175.00
1,175.00
0.00
0.00%
CRUDE OIL - WTI 92.16 92.18
90.71
1.84
2.04%
SUGAR #11 WORLD 15.53 15.83
15.32
-0.35
-2.20%

Chart of the Day


Latest News
March 26, 2026 at 10:14 AM GMT+05:00

Money supply nears Rs47tr as of Feb 26


March 26, 2026 at 10:12 AM GMT+05:00

M2 rises by Rs393bn in a week


March 26, 2026 at 10:08 AM GMT+05:00

Govt borrows Rs258bn debt in a week


March 26, 2026 at 10:02 AM GMT+05:00

OGRA receives Rs27bn to clear price differential claims


March 26, 2026 at 09:50 AM GMT+05:00

Pakistan raises Rs118bn in Sukuk auction



Top 5 things to watch in this week

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