Oil and Gas Development Company Limited (OGDCL) has reported a significant milestone in its energy development efforts with the successful deployment of an Electrical Submersible Pump (ESP) at its Rajian-05 well.
The intervention has resulted in a remarkable improvement in production rates, marking a major step forward in the company’s energy resource optimization strategy.
According to OGDCL, following a planned workover and the installation of the ESP, oil production at Rajian-05 has jumped from 820 barrels per day (BPD) to 3,100 BPD. In addition, gas production has doubled from 0.5 to 1.0 million standard cubic feet per day (MMSCFD).
The Rajian Field, situated in District Chakwal and operated solely by OGDCL under the Gujar Khan Exploration License, has been a key contributor to the company’s portfolio since its discovery in August 1994. Two wells in the Rajian field had previously been equipped with ESPs, and the success of Rajian-05 further underscores OGDCL’s commitment to enhancing output through data-driven reservoir development and modernization.
Company officials stated that this development is part of OGDCL’s broader strategy to boost domestic energy production and ensure long-term sustainability and national energy security.
The information was disclosed in accordance with Section 96 of the Securities Act, 2015 and Clause 5.6.1(a) of the PSX Regulations for dissemination among market stakeholders. – ENGINEERING REVIEW
