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Monday May 20, 2024

OGDCL’s Togh well output begins

By News Desk
May 10, 2024
The office of the Oil & Gas Development Company Limited (OGDCL) in Islamabad. — Facebook/ogdclofficial
The office of the Oil & Gas Development Company Limited (OGDCL) in Islamabad. — Facebook/ogdclofficial

ISLAMABAD: Oil & Gas Development Company Limited (OGDCL) announced on Thursday the successful commencement of production from the Togh-02 well in the Kohat district of Khyber Pakhtunkhwa.

The well, situated in the Lumshiwal-I Formation, is currently producing 70 barrels of condensate and 8.0 million standard cubic feet per day (MMSCFD) of gas, which is being supplied into SNGPL's network.

OGDCL said the production from the well is projected to provide annual foreign exchange savings of over $38 million, reinforcing import substitution and strengthening Pakistan's economy.The company remains committed to its core objective of adding shareholder value through a growth-oriented business strategy.