OGDCL produces 33,443bpd oil ,779mmcfd gas 1QFY23

December 14, 2022: Oil and Gas Development Company Limited (OGDCL) has produced around 33,443bpd, 779mmcfd gas, and 722 TDP Liquefied Petroleum Gas (LPG) during the first quarter of the current fiscal year, compared to 37,347bpd oil, 845mmcfd gas, and 805TPD LPG during the same period last year.

The drop introduction is mainly attributed to torrential rains and floods and natural decline in Sinjhoro, Nashpa, KPD-TAY, Chanda, Mela, and 6 Dhok Hussain fields.

During the period under review, the OGDCL contributed around 46%, 30%, and 36% towards the country’s total oil, natural gas, and LPG production respectively.

The company carried out 221 Line-km 2D and 21 Square-KM 3D seismic surveys in its various operational areas to discover hydrocarbon reserves.

Moreover, the OGDCL using in-house resources processed/reprocessed 1,065 Line km of 2D seismic data, besides carrying out an additional 135 Line km of geological fieldwork in Nowshera.

On the drilling front, the company spud one exploratory well namely Shahpurabad-1 (1Q 2021-22: 3 wells). It also completed the drilling and testing of two wells pertaining to the previous fiscal year.

Total drilling recorded during the three months stood at 11,392 meters, official report available to APP noted.

The report further revealed that the planned 3D seismic survey of 210 Sq km was affected by torrential rains, whereas the 2D seismic survey of 84 Line km had to be deferred due to security concerns in Zin and Lillah blocks.

However, the company is making all efforts to recover the deferred seismic activities within the current fiscal year.

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