ISLAMABAD, Jul 8 (APP):Oil and Gas Development Company Limited (OGDCL) on Monday announced the successful revitalization of the Kunnar-11 well, located in Hyderabad, Sindh.
Utilizing advanced production optimization techniques, the well is now producing 960 barrels of oil per day, said a news release.
The production optimization drive underscores OGDCL’s commitment to enhancing oil production through modern recovery methods.
The Kunnar-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 optimization from the Kunnar-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.
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