Punjab: OGDCL makes oil discovery
The well initially produced 180 barrels per day of crude oil with jet pump
ISLAMABAD:
Oil and Gas Development Company Limited (OGDCL) has made oil discovery in Lower Sakessar over Chak Naurang South-1 exploration well located in District Chakwal, Punjab. The structure of the well has delineated, drilled down to the depth of 3220 M targeting the Eocene reservoir of the sub thrust sheet to test potential of “lower Sakessar’ formation. Significant reserves of hydrocarbons have been found at Chak Naurange South-1. The well initially produced 180 barrels per day of crude oil with jet pump. This discovery will add hydrocarbon reserves of the company and joint venture partners. OGDCL is the country’s premier company in terms of enhancing power supply. It has a systemic role to the national economy as the largest upstream oil and gas company in the country, majority of which is owned by the Pakistan government.
Published in The Express Tribune, August 5th, 2015.
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