Pakistan, July 8 -- 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 inter...