ISLAMABAD - Oil and Gas Development Company Limited (OGDCL), the Pakistani state-owned hydrocarbon exploration and production company, has announced the successful installation of an Electrical Submersible Pump (ESP) at its Rajian Oil Field, which is expected to significantly increase the field's production output.
The ESP installation, part of a broader optimization program, has revitalized a previously suspended heavy oil well in the Rajian field, situated in the District Chakwal. The well, known as Rajian-3A, had been out of operation since 2020 due to geological challenges but is now contributing an additional 1,000 barrels per day (BPD) to the field's output. Prior to this intervention, the Rajian field's four heavy oil wells were producing a total of 1,500 BPD. With the new ESP technology in place, the field's cumulative production is expected to reach 2,500 BPD.
The company's strategy includes executing workover jobs on 11 wells and incorporating advanced artificial lift systems to optimize production. OGDCL's own Rig N-4 has been deployed at the Rajian field to carry out this optimization program and will remain on site for the duration of the project.
OGDCL's efforts to enhance operational efficiency at the Rajian field underscore its pivotal role in Pakistan's energy sector. The company has conveyed that the anticipated increase in production will be reported to shareholders upon completion of the ongoing operations, reflecting its commitment to maximizing the potential of its assets and creating value.
The information about this development was submitted in compliance with the Securities Act, 2015, and the Pakistan Stock Exchange (PSX) regulations. The successful installation of the ESP and the subsequent increase in production demonstrate OGDCL's dedication to leveraging technology to overcome production challenges and strengthen its position in the hydrocarbon industry.
This news is based on a press release statement from OGDCL, providing an update on its latest operational advancements.
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