Islamabad: Oil and Gas Development Company (OGDCL) on Monday announced the successful revitalization of Nashpa-4 well under Nashpa Development and Production Lease (D&PL) in Karak, Khyber Pakhtunkhwa.
OGDCL thoroughly tested wells for the potential of the upper zone of the Lockhart formation, resulting in a significant increase in the production capacity of the well.
The Nashpa-4 well is currently producing an additional 330 barrels per day (BBL/day) of oil and 7.7 million cubic feet per day (MMSCF/day) of gas at a well flow pressure (WHFP) of 1,570 PSI.
In addition, 21 metric tons per day (MT/day) of LPG is recovered, which contributes to the country’s energy supply. Enhanced gas production from the wells is injected into the Sui Northern Gas Pipelines Limited (SNGPL) system, ensuring a steady supply of natural gas to meet Pakistan’s growing energy needs.
In addition, the optimization of production from the Nashpa-4 well is expected to save the country $59.85 million (PKR 16.94 billion) in annual foreign exchange for import substitution. OGDCL aims to support Pakistan’s energy needs by optimizing existing resources and exploring new opportunities. The optimization of the Nashpa-4 well demonstrates the company’s commitment to improving the country’s energy security and contributing to economic development.
