OGDCL produced Rs520bln oil, gas in 17 years

ISLAMABAD: The Oil and Gas Development Company (OGDCL) produced around 59,692,454 bbl (barrel) crude oil and 86,482,196 mcf (million cubic feet) natural gas, amounting to Rs520.538 billion from its different operational fields of Khyber Pakhtunkhwa during the last 17 years.

The company produced 15,567,543 bbl crude, 29,626,201 mcf natural gas and 43,671 metric ton liquefied petroleum gas (LPG) from the Chanda field located in district Kohat of the province during the year 2001/02 to 2015/16 worth Rs114,049 million with its 72 percent share, officials sources told APP.  From the Nashpa field of district Karak, OGDCL produced 30,847,733 bbl crude oil of Rs 266,362 million and 114,654,724 mcf natural gas of Rs295,867 million, having 56.45 percent share from the fiscal year 2009/10 to 2015/16. The Mela field at Shakar Darah of district Kohat produced 13,269,684 bbl crude oil and 44,154,422 mcf natural gas, amounting to Rs 110,243 million from the year 2006/07 to 2015/16 with its 56.45 percent share.

From 2010/11 to 2012/13 the sources said the company, having 30 percent share, produced 7,494 bbl crude oil of Rs50 million and 1,236,097 mcf natural gas from the Sehkhan field of district Kohat.

They said the OGDCL spent Rs583.149 million under its corporate social responsibility projects on education, health, water supply, infrastructure development, sports and other welfare schemes in Kohat and Karak – the two major oil and gas producing districts of the Khyber Pakhtunkwa province.