The sun is seen behind a crude oil pump jack in the Permian Basin in Loving County, Texas, U.S., November 22, 2019. Picture taken November 22, 2019. REUTERS/Angus Mordant
Oil & Gas Development Company Limited (OGDC) ihas announced the successful revival and enhanced production of oil from the Pasakhi-5 well, located in District Hyderabad, Sindh.
The well is part of the Pasakhi Development & Production Lease (D&PL) in which OGDC holds a 100 percent working interest.
As part of a strategic optimization initiative, OGDC deployed a rig to install an artificial lift system (ESP). Previously, the well was producing 480 barrels of oil per day (BPD) on natural flow. Following the installation, production has increased to 900 BPD, reflecting a notable increment of 420 BPD.
This achievement underscores OGDC’s commitment to leveraging innovative technologies to maximize energy output, ensure a sustainable energy supply, and enhance Pakistan’s energy resources, thereby contributing to the nation’s economic growth.