PAKISTAN
Oil and Gas Development Company Limited (OGDCL) has informed the Pakistan Stock Exchange (PSX) that it has significantly enhanced oil production from its Kal-03 well, located in District Chakwal, following a successful workover operation.
According to the company’s disclosure, prior to the intervention, the well was producing approximately 50 barrels of oil per day (BPD) under natural flow conditions. After carrying out a planned workover—comprising Multistage Physico-Chemical (MPC) treatment and installation of an Electric Submersible Pump (ESP)—production has surged to 750 BPD.
OGDCL stated that the initiative is part of its ongoing production optimization program aimed at sustaining and enhancing output from mature oil and gas fields. The company continues to focus on deploying advanced technologies and cost-effective interventions to maximize recovery and improve operational efficiency.
The increase in output from the Kal-03 well is expected to contribute positively to the company’s overall production portfolio and support national energy supplies.
ER News Desk
READ MORE
Pharmacists Call for Medicine Price Regulation, Raise Concerns Over Pharma Sector
Representatives of the Pakistan Young Pharmacists Association (PYPA) and other stakeholders on Monday urged the…
Colour and Chem Expo 2026 Showcases Industry Innovation, Attracts 350 Exhibitors
The 11th Colour and Chem Expo 2026 concluded at the Lahore Expo Centre on Sunday,…
Pakistan Weighs Honeywell Proposal to Upgrade Oil Refineries
Pakistan is considering a proposal by US-based Honeywell Technologies to modernise and expand the country’s…
Canva Offers to Lead PIA Rebranding Through National Design Contest
Canva has proposed organising and funding a nationwide design competition to help rebrand Pakistan International…
Freelancing Emerges as Major Foreign Exchange Earner for Pakistan
Pakistan’s freelancing sector has emerged as a major contributor to the national economy, generating more…
Government Reviews Wheat Stocks, Says Supply Remains Stable
Federal Minister for Economic Affairs Ahad Cheema chaired a high-level meeting on Tuesday to review…