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FINWIRES

OGDCL Reports Initial Gas Production at Sukhpur-II Block in Pakistan

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Oil and Gas Development Co. Ltd. (OGDC.L), or OGDCL, said Wednesday that gas production at the Lundali-1 well in the Sukhpur-II block in Sindh Province, Pakistan, started on Sunday.

Current production stands at 10 million standard cubic feet of gas per day, with a wellhead pressure of 2,000 pounds per square inch. Output from the site is delivered to Sui Southern Gas Co.

The London-listed Pakistani oil and gas company owns a 30% working interest in the Sukhpur-II block, with the remaining interest split among site operator Prime Global Energies at 25%, Mari Energies at 30%, and Turkish Petroleum Overseas Co. at 15%.

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