BusinessOGDCL broadcasts graduation of oil, gasoline manufacturing from Nashpa-11 nicely | Topurdu

OGDCL broadcasts graduation of oil, gasoline manufacturing from Nashpa-11 nicely | Topurdu

ISLAMABAD-The Oil & Gasoline Improvement Firm Restricted (OGDCL) on Tuesday introduced the profitable testing, completion, and graduation of manufacturing on the Nashpa-11 nicely in district Karak, KP Province. This achievement stands as a testomony to OGDCL’s dedication to bolstering Pakistan’s vitality sector and assembly the escalating wants of each home shoppers and industrial enterprises.
OGDCL is diligently pursuing a harmonized method to exploration, drilling, and improvement actions with a deal with optimizing manufacturing on a fast-track foundation. This improvement is the results of OGDCL’s in-house experience. The nicely was drilled to a depth of 4,485 meters, focusing on the hydrocarbon potential inside the Lumshiwal, Hangu, and Lockhart formations. Presently, these formations are yielding 830 barrels per day (BPD) of oil and 1.zero million customary cubic toes per day (MMSCFD) of gasoline by means of a 32/64” choke at a wellhead flowing stress (WHFP) of 520 PSI. As of September 11, 2023, the nicely has been related to the OGDCL Nashpa plant by means of a 1.eight km movement line, and gasoline is being injected into the SNGPL community.
This enterprise is a collaborative effort the place OGDCL stands because the operator, holding a 56.45% stake. The partnership additionally entails Pakistan Petroleum Restricted (PPL), which holds a 28.55% share, and Authorities Holding Non-public Restricted (GHPL) with a 15% share. It’s price noting that the primary discovery on the Nashpa construction was made in September 2009. At the moment, out of 12 drilled wells, 10 are in manufacturing, collectively producing 11,300 BPD of oil, 91 MMSCFD of gasoline, and 395 MTD of LPG. The Nashpa-11 nicely marks a big addition to the hydrocarbon reserves base of OGDCL, PPL, GHPL, and the nation, promising notable financial savings by means of import substitution. The enhancement in oil and gasoline manufacturing goals to handle the rising calls for of each home shoppers and trade.

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