Oil and Gas Development Company Limited (OGDCL) has announced an increase in the production of crude oil reserves.
According to the details provided by OGDCL to the management of Pakistan Stock Exchange, the daily production of crude oil from Kannada Oil Field 12 in Hyderabad has increased from 1060 barrels to 1820 barrels.
According to the letter, crude oil production has been increased by 760 barrels per day from electric pumps in Kannada Oilfield 12.
The letter states that crude oil production from Kannada Oilfield 6 has been restored through an artificial lift system.
The letter also included that crude oil wells in Kannada Oilfield 6 were shut down due to high water levels.
The recovery of crude oil production from Kannada Oilfield 6 has increased production to 400 barrels per day.
The production of crude oil from two oil fields located in Hyderabad has increased by 1160 barrels per day.
