Pakistan, April 4 -- The Oil and Gas Development Company Limited (OGDCL) announced on Thursday the successful revival of production from Chak 2-2 Well, a joint venture located in the Sinjhoro Block, Sindh.
This was revealed in a notice to the Pakistan Stock Exchange (PSX) on Thursday.
The block comprises OGDCL as the Operator with a 62.5% working interest, Government Holdings (Private) Limited (GHPL) with 22.5%, and Orient Petroleum Inc. (OPI) holding 15%.
The OGDCL added that following sidetrack and recompletion in the Basal Sand formation, post-completion testing yielded encouraging results, "with a production rate of 115 barrels of oil per day (BPD) and 7.0 million standard cubic feet per day (MMSCFD) of gas. Additionally, 21 metric t...