Pakistan, July 7 -- The Oil and Gas Development Company Limited (OGDCL) has significantly increased production at its Rajian-05 well in Chakwal after successfully installing an Electrical Submersible Pump (ESP). The enhancement comes as part of the company's broader strategy to optimize domestic energy resources.

According to a notice issued to the Pakistan Stock Exchange (PSX) on Monday, the Rajian-05 well is now producing 3,100 barrels of oil per day (BPD) and 1.0 million standard cubic feet per day (MMSCFD) of gas. This marks a sharp rise from the previous output of 820 BPD of oil and 0.5 MMSCFD of gas.

The production boost follows a carefully planned workover and ESP installation. The company highlighted that this success further va...