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
Anonymous Device Signals Could Become New Police Tracking Tool
Security technology company Leonardo has developed SignalTrace, a surveillance system designed to work alongside automatic…
Spotify to Label AI-Generated Artist Profiles for Greater Transparency
Spotify Technology SA is introducing a new “AI Personas” label to identify artist profiles created…
10Pearls, Novacare Partner to Advance Digital Healthcare Infrastructure
10Pearls has entered into a strategic technology partnership with Novacare to support the development of…
Nvidia Taps Global Financial Giants for $500bn AI Infrastructure Push
Nvidia has partnered with six major financial institutions to launch compute financing platforms aimed at…
Shark surveillance robot to monitor great whites off California beaches
Researchers at California State University, Long Beach are testing a semi-autonomous robotic craft designed to…
China sees business exits in clean energy sectors as tech startups surge
China recorded an orderly exit of companies from the new energy vehicle, photovoltaic and lithium…