OGDCL’s new well expected to save Pakistan $38 million annually

WEB DESK: Oil and Gas Development Company Limited (OGDCL) has announced that it has successfully started production at its Togh-02 well, located in the Togh and Togh Bala Development and Production Lease (D&P.L.) area.

This development, which was disclosed on Thursday, marks a significant step forward in Pakistan’s domestic energy production.

The Togh-02 well, situated in the Kohat district of Khyber Pakhtunkhwa, is now producing 70 barrels of condensate and 8.0 million standard cubic feet per day (MMSCFD) of gas.

This output is being directed into Sui Northern Gas Pipelines Limited’s (SNGPL) network, contributing to the country’s energy needs.

The new production capacity from this well is expected to have a substantial impact on Pakistan’s economy.

According to APP, it is projected to yield annual foreign exchange savings exceeding $38 million, providing a boost to import substitution and enhancing the nation’s economic stability.

OGDCL’s successful launch of production at the Togh-02 well is a positive development for the country’s energy sector and could pave the way for further exploration and production in the region.

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