ISLAMABAD: The Oil and Gas Development Company (OGDC) made two new gas and condensate discoveries, namely Gopang-1 and Sheikhan-1, during the fiscal year that ended on June 30, a report released by OGDC said on Saturday.
The company spudded 21 new wells during the same period. Out of the total, 10 were exploratory or appraisal wells and the rest were development wells.
According to the report, the company registered gas production of 1,013 million cubic feet per day (mmcfd).
On the other hand, net crude oil production declined by 1.85 percent to 37,370 barrels per day during the FY10-11 as compared to 38,075 barrels per day (bpd) in the preceding year, mainly on account of decrease in production from Mela and Chanda fields and natural depletion in the Southern field.
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