OGDCL's Siab-1 Well achieves record production surge

By MG News | August 30, 2023 at 03:15 PM GMT+05:00
August 30, 2023 (MLN): Oil & Gas Development Company Limited (OGDCL) has achieved significant production enhancement at the Siab-1 well, in Baratai Block located in Kohat district, Khyber Pakhtunkhwa province, company's filing on PSX showed today.
Since its production commencement on January 13, 2022, the Siab-1 well has recorded flow rates of 125 BPD of condensate and 6.2 MMSCFD of gas at a wellhead flowing pressure (WHFP) of 1700 PSI from the Lockhart formation. The well is operated through the OGDCL Dhok Hussain Field.
This well operates under a joint venture, where OGDCL is the operator, holding a 97.5% stake, and the Khyber Pakhtunkhwa Oil & Gas Company Limited (KPOGCL) holds 2.5% share.
As a result of the successful implementation of a production enhancement strategy through a ringless intervention in the Lockhart formation, a substantial increase in hydrocarbon production has been achieved with additional production of 265 BPD of oil and 14.3 MMSCFD of gas at a WHFP of 4300 PSI.
This additional gas production is being injected into the SNGPL network. The enhanced production from the well commenced on August 28, 2023. The cumulative production from the well is now 20.5 MMSCFD gas and 390 BPD oil.
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