OGDCL produces 822 TPD LPG in nine months

News Image

MG News | June 07, 2022 at 12:59 PM GMT+05:00

0:00

June 07, 2022: Oil and Gas Development Company Limited (OGDCL) has produced around 822 Tons per Day (TPD) Liquefied Petroleum Gas (LPG) during first nine months of the current fiscal year as compared to 802 TPD of corresponding period of the last year.

“The higher production has been achieved mainly from Lela, Nashpa and TAY fields,” according to an official report available with APP.

However, the company reported that oil and gas production had impacted primarily by natural decline at Rajian, Chanda, Nashpa, KPD-TAY and Qadirpur fields. The lower production was recorded on account of annual turn around (ATA) at six production fields including Qadirpur, Mela, Nashpa, Sinjhoro and Uch-I & II. Likewise, decline in production share from NJV fields also contributed towards lower output.

The company's average daily net oil and gas production clocked in at 36,173 Barrel (BBL) and 828 Million Cubic Feet (MMCF), which were 36,836 BBL and 865 MMCF during the period under review.

The company carried out 70 work-over jobs comprising 12 with rig and 58 rig-less to arrest natural decline and sustain production from mature wells.

Moreover, it completed pressure build-up survey jobs at various wells of producing fields including Mela, Pasahki, Nashpa, Qadirpur, Maru-Reti, Uch and Kunnar to induce improvement in the current well flow parameters.

 

APP

Related News

Name Price/Vol %Chg/NChg
KSE100 162,994.17
366.14M
-1.71%
-2829.70
ALLSHR 97,525.91
833.18M
-1.65%
-1634.99
KSE30 49,090.22
171.05M
-2.02%
-1011.73
KMI30 234,097.76
141.71M
-1.92%
-4583.61
KMIALLSHR 63,284.58
381.76M
-1.79%
-1151.00
BKTi 45,458.10
90.77M
-1.53%
-707.82
OGTi 33,162.89
14.24M
-2.82%
-962.44
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 76,970.00 76,970.00
76,515.00
230.00
0.30%
BRENT CRUDE 111.86 112.05
111.06
1.46
1.32%
RICHARDS BAY COAL MONTHLY 113.00 113.00
113.00
-1.30
-1.14%
ROTTERDAM COAL MONTHLY 109.25 112.00
108.20
-1.20
-1.09%
USD RBD PALM OLEIN 1,191.50 1,191.50
1,191.50
0.00
0.00%
CRUDE OIL - WTI 105.82 106.04
105.06
0.75
0.71%
SUGAR #11 WORLD 14.61 14.85
14.49
-0.16
-1.08%

Chart of the Day


Latest News
May 01, 2026 at 12:00 AM GMT+05:00

Petrol, Diesel prices jump by upto Rs19.39 per litre


April 30, 2026 at 08:49 PM GMT+05:00

PTCL dismisses e& exit speculation


April 30, 2026 at 08:41 PM GMT+05:00

Property files era ends


April 30, 2026 at 08:31 PM GMT+05:00

FFC announces financial results of First Quarter 2026



Top 5 things to watch in this week

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