Karachi, January 23, 2025 – Oil and Gas Development Company Limited (OGDCL), Pakistan’s leading exploration and production company, announced a significant enhancement in oil production at the Kunnar Oil Field, a vital energy asset in District Hyderabad, Sindh.
In an official statement to the Pakistan Stock Exchange (PSX), OGDCL shared details of its recent production optimization efforts, which have led to remarkable improvements in output from two key wells—Kunnar-12 and Kunnar-6.
Production Enhancement – Kunnar-12 Well
Kunnar-12, located within the Kunnar Mining Lease Area where OGDCL holds a 100% working interest, has experienced a major boost in oil production following targeted optimization measures. The company deployed advanced technology, replacing the conventional Jet Pump with an Electrical Submersible Pump (ESP), as part of its reassessment of the well’s potential.
These interventions have yielded impressive results, increasing production at Kunnar-12 from 1,060 barrels per day (BPD) to 1,820 BPD—a remarkable rise of 760 BPD.
Production Enhancement – Kunnar-6 Well
Kunnar-6, which had been non-operational due to challenges such as high water production and low oil recovery, has been successfully revived. OGDCL implemented a comprehensive plan involving rigless interventions in the Lower Goru Upper Sand formation, coupled with re-completion using an artificial lift system (ESP). These efforts have revitalized Kunnar-6, which is now producing 400 BPD of oil.
Impact and Significance
The combined incremental production of 1,160 BPD from Kunnar-12 and Kunnar-6 underscores OGDCL’s commitment to leveraging cutting-edge technology and innovative strategies to maximize resource utilization. This achievement highlights the company’s technical expertise and operational excellence, reaffirming its critical role in bolstering the nation’s energy security.
OGDCL emphasized that these enhancements align with its broader objectives of optimizing production from mature fields, ensuring efficient resource extraction, and contributing to Pakistan’s energy sector.
The company added that this information was being shared in compliance with Section 96 of the Securities Act, 2015, and Clause 5.6.1 of the Pakistan Stock Exchange Limited Regulations, ensuring transparency and timely communication with stakeholders.