
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
SoftBank Raises $11.1bn Through Bond Sale to Fund OpenAI Investment
Japanese technology investor SoftBank Group has raised $11.1 billion through dollar- and euro-denominated bond offerings,…
Fauji Cement Approves 50 MWh Battery Energy Storage and 10 MW Solar Project
The Board of Directors of Fauji Cement Company Limited (FCCL) has approved the installation of…
First-Year QUEST Nawab Shah Student Found Dead; Students Allege Brutal Torture
The body of a first-year student of the Quaid-e-Awam University of Engineering, Science and Technology…
AI Voices May Increase Scam Risks for Some Dialect Speakers
The growing use of artificial intelligence (AI)-generated voices is raising concerns that increasingly realistic synthetic…
China Reassesses AI Risks as Cybersecurity Threats Grow
China is reassessing the risks posed by artificial intelligence as increasingly capable AI models demonstrate…
Pakistan Moves Towards Competitive Electricity Market with First Wheeling Auction
Pakistan has taken a major step towards shifting its power sector from the traditional single-buyer…
