ISLAMABAD, Jul 8 (APP):Oil and Gas Development Company Limited (OGDCL) on Monday announced the successful revitalization of the Ku
nnar-11 well, located in Hyderabad, Sindh.
Utilizing advanced production opt
imization techniques, the well is now producing 960 barrels of oil per day, said a news release.
The production opt
imization drive underscores OGDCL’s commitment to enhancing oil production through modern recovery methods.
The Ku
nnar-11 well,
part of the OGDCL Kunnar Oil Field, is situated within the Kunnar Mining Lease Area, where OGDCL holds 100% working interest.
This initiative highlights the company’s commitment to optimizing production and demonstrates the effectiveness of modern recovery techniques in rejuvenating mature wells.
Moreover, the production opt
imization from the Ku
nnar-11 well is projected to result in annual foreign exchange savings of approximately $ 30.19 million (Rs. 8.45 billion) as import substitution for the country.
OGDCL is committed to exploring and implementing advanced technologies to optimize production and ensure a reliable supply of energy resources to meet the growing demands of the nation.