The Oil and Gas Development Company (OGDCL) has started lipid accumulation from the Pasakhi-14 good successful the Hyderabad territory successful Sindh, Pakistan, marking a measurement guardant successful the company’s strategy to optimise exploration and enactment nationalist vigor security.
The institution announced this improvement successful a disclosure to the Pakistan Stock Exchange past Friday.
Pasakhi-14 is present producing 1,100 barrels of lipid per time (bopd).
The good is situated wrong the Pasakhi and Pasakhi North Development and Production Lease.
State-owned OGDCL holds a 100% moving involvement successful this lease.
According to OGDCL, the Pasakhi-14 good was drilled to a extent of 2,183m, targeting the precocious sands of the Lower Goru formation.
OGDCL utilised a Rotary Steerable System (RSS), Electromagnetic Measurement While Drilling (MWD), and a nitrified mud strategy to drill Pasakhi-14.
The institution stated that this is the archetypal clip it has utilized a nitrified mud system, aiming to amended directional power and sphere enactment integrity during drilling operations.
To facilitate production, the good is equipped with electrical submersible pump technology.
OGDCL stated that adding Pasakhi-14 aligns with its strategy of focused exploration, businesslike drilling and accumulation optimisation successful enactment of the country’s vigor information requirements.
OGDCL, incorporated connected 23 October 1997, was acceptable up to instrumentality implicit the exploration, improvement and accumulation activities of the erstwhile Oil and Gas Development Corporation, which was founded successful 1961.
The institution has continued to play a cardinal relation successful Pakistan’s vigor sector.
In the erstwhile year, OGDCL commenced lipid and state accumulation astatine Kunnar West Well-3, besides located successful the Hyderabad District. The good produces 3.5 cardinal cubic feet of gas, 30 barrels of condensate and 3.8 tonnes of liquefied petroleum state daily.
Last week, OGDCL, on with its associated task (JV) partners, secured a provisional grant for 8 exploration blocks offshore Pakistan.
The grant followed a government-led competitory bidding circular held past month. OGDCL’s JV partners successful these exploration rights see Pakistan Petroleum, Mari Energies and Prime Global Energies.
"OGDCL begins Pasakhi-14 lipid accumulation successful Pakistan’s Hyderabad district" was primitively created and published by Offshore Technology, a GlobalData owned brand.
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