ISLAMABAD: Oil and Gas Development Company Limited (OGDCL) on Monday announced the successful revitalization of Kunnar-11 well located in Hyderabad, Sindh.
Using advanced production optimization techniques, the well is now producing 960 barrels of oil per day, the press release said.
Production optimization underlines OGDCL’s commitment to increase oil production using modern recovery methods.
Part of OGDCL’s Kunnar Oil Field, the Kunnar-11 well is located in the Kunnar production area where OGDCL has a 100% operating interest.
This initiative highlights the company’s commitment to optimizing production and demonstrates the effectiveness of modern recovery techniques in rejuvenating mature wells.
In addition, the optimization of production from the Kunnar-11 well is expected to result in annual foreign exchange savings of approximately US$ 30.19 million (Rs 8.45 billion) in import substitution for the country.
OGDCL is committed to research and implement advanced technologies to optimize production and ensure reliable supply of energy resources to meet the growing demands of the country.