Production resumes: After being closed for four and a half years, production has resumed from an oil well near Chakwal.
The Oil and Gas Development Company Limited informed the stock exchange in a letter that heavy oil production had resumed from a well in the Chakwal district’s Rajin Oil Field. From the Rajin well, 1,000 barrels of crude oil are produced daily. The business used its cutting-edge artificial lift technology to rehabilitate the well. According to OGDCL, the well is entirely owned by OGDCL and was dug to a depth of 3,774 meters using an electric pump.