Pakistan’s energy sector received a welcome boost as the Oil and Gas Development Company Limited (OGDCL) successfully revived production from the Nashpa-4 Well, located in Karak district, Khyber Pakhtunkhwa.
This significant development is expected to enhance the country’s energy security and reduce dependence on imports.
The crude oil production from the Nashpa-4 well has surged to 330 barrels per day. Additionally, the well is now producing 7.7 million standard cubic feet of gas daily, along with 21 metric tons of LPG per day.
This well is a joint venture between OGDCL, Pakistan Petroleum Limited (PPL), and Government Holdings Private Limited (GHPL).
This additional gas will be injected into the Sui Northern Gas Pipelines Limited (SNGPL) network, ensuring a more stable gas supply for households and industries across Pakistan.
Furthermore, the Nashpa Four well is producing a valuable byproduct – Liquefied Petroleum Gas (LPG) – at a rate of 21 metric tons per day. This LPG will be added to the national energy mix, providing a cleaner and more efficient cooking fuel option for many Pakistanis.
Moreover, the production optimization from the Nashpa-4 well is projected to result in annual foreign exchange savings of $59.85 million (PKR 16.94 billion) as import substitution for the country.
OGDCL is committed to supporting Pakistan’s energy needs through the optimization of existing resources and the exploration of new opportunities. The optimization at Nashpa-4 well underscores the company’s dedication to enhancing the country’s energy security and contributing to its economic development.
