Latest news with #GujarKhanExplorationLicense
Business Recorder
02-08-2025
- Business
- Business Recorder
OGDCL installs ESP to enhance production in Chakwal
ISLAMABAD: The Oil and Gas Development Company Limited (OGDCL) has enhanced production at its Rajian well-05 in Chakwal District by installing an Electrical Submersible Pump (ESP), resulting in a significant increase in oil and gas output. Following a planned work over and ESP deployment, production from Rajian-05 has increased to 3,100 barrels of oil per day (BPD) and 1.0 million standard cubic feet per day (MMSCFD) of gas. Prior to this intervention, the well was producing 820 BPD of oil and 0.5 MMSCFD of gas. Rajian Field, located in Chakwal District of Punjab and held under the Gujar Khan Exploration License, is a 100 per cent OGDCL-owned and operated asset. Discovered in August 1994, the field remains a key component of the company's production portfolio. Two other wells in the field have previously been completed with ESPs. The Rajian well-05 success further validates OGDCL's strategy of maximising the potential of existing fields through targeted, data-driven redevelopment. While Artificial Lift Systems (ALS) have traditionally been applied to shut-in or low-producing wells, the OGDCL is now selectively extending their use to naturally flowing wells, where technical and economic assessments indicate clear benefits. This approach aligns with international best practices and supports the company's broader objectives of enhancing recovery and improving production efficiency across its asset portfolio. The OGDCL is committed to leveraging advanced technologies and field management strategies to strengthen Pakistan's energy future. Copyright Business Recorder, 2025
Business Recorder
08-07-2025
- Business
- Business Recorder
OGDCL boosts oil, gas production at Rajian-05 well in Chakwal
ISLAMABAD: Oil and Gas Development Company Limited (OGDCL) has successfully enhanced production at its Rajian well-05 in Chakwal district by installing an Electrical Submersible Pump (ESP), resulting in a significant increase in oil and gas output. Following a planned workover and ESP deployment, production from Rajian-05 has increased to 3,100 barrels of oil per day (BPD) and 1.0 million standard cubic feet per day (MMSCFD) of gas. Before this intervention, the well was producing 820 BPD of oil and 0.5 MMSCFD of gas, according to a news release. Rajian Field, located in the Chakwal district of Punjab and held under the Gujar Khan Exploration License, is a 100% OGDCL-owned and operated asset. Discovered in August 1994, the field remains a key component of the Company's production portfolio. Two other wells in the field have previously been completed with ESPs. The Rajian well-05 success further validates OGDCL's strategy of maximizing the potential of existing fields through targeted, data-driven redevelopment. Copyright Business Recorder, 2025
Business Recorder
07-07-2025
- Business
- Business Recorder
Oil & gas production soars at OGDCL's Rajian oilfield in Punjab
In a move towards enhancing oil and gas production, Oil and Gas Development Company Limited (OGDCL), one of Pakistan's largest E&P, has significantly increased output at its Rajian-05 well in Punjab following the successful installation of an Electrical Submersible Pump (ESP). The listed company disclosed the development in its notice to the Pakistan Stock Exchange (PSX) on Monday. 'OGDCL has successfully completed the installation of ESP at Rajian-05, resulting in a significant improvement in production,' read the notice. The company informed that following the ESP deployment, production has increased to 3,100 barrels per day (bpd) of oil and 1 million standard cubic feet per day (MMSCFD) of gas. 'Prior to this intervention, the well was producing 820 bpd of oil and 0.5 MMSCFD of gas,' it said. Rajian Oil Field, located in Chakwal district of Punjab and held under the Gujar Khan Exploration License, is 100% owned and operated by OGDCL. Discovered in August 1994, it has remained an integral part of the Company's portfolio. 'Two wells at Rajian had previously been completed with ESPs, and the recent result at Rajian-05 further supports OGDCL's efforts to maximize the value of existing fields through data-driven redevelopment planning. 'This development reinforces the company's continued focus on domestic energy resource optimization in support of long-term sustainability and national energy security,' read the notice. In December last year, OGDCL revived Rajian-3A, a heavy oil well, within its northern region field located in Punjab.
