REG - Oil and Gas Devt Co - Revival of Production – Jand-1 Well

Oil And Gas Development CoAnnouncement

23/04/2026 07:00

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RNS Number : 6370B  Oil and Gas Development Company Ltd  23 April 2026

 

 

 

CS04-08 (PSX/LSE/SECP)

April 23, 2026

 The General Manager,               London Stock Exchange Plc.,

 Pakistan Stock Exchange Limited,   10 Paternoster Square,

Stock Exchange Building,

                                  London EC4M 7LS.
 Stock Exchange Road,

Karachi-74000, Pakistan.

                                    Tel: (44) 20 7334 8907

 

Subject:        Revival of Production - Jand-1 Well

 

Dear Sir,

 

We are pleased to inform that Oil & Gas Development Company Limited
(OGDCL) has successfully revived gas production from Jand-1 well, located in
Attock District, Punjab, marking a notable operational achievement.

 

Following recompletion and targeted stimulation, Jand-1 well is currently
producing over 21 MMSCFD of gas through a 32/64" choke at wellhead flowing
pressure (WHFP) of 3,585 psi, representing a substantial increase over its
previous production level of around 7.0 MMSCFD.

 

The well was initially brought on production in 2019 through Dakhni Gas
Processing Plant and was producing gas with a high H₂S concentration of
approximately 8% (~80,000 ppm). Subsequently, production ceased due to
mechanical failure under challenging downhole conditions associated with the
sour gas environment.

 

Based on in-house technical assessments and risk analysis, OGDCL successfully
executed the revival plan through its own technical team and deployed
equipment. The operation included safe retrieval of downhole materials and
restoration of well integrity under challenging conditions. The operations
were carried out in accordance with stringent health, safety, and
environmental standards. The well has been recompleted with
corrosion-resistant tubing suitable for sour service to ensure safe and
sustained operations.

 

This development reflects OGDCL's continued focus on optimizing existing
assets through technical expertise and effective resource utilization,
contributing to enhanced domestic hydrocarbon supply.

 

The above information is being submitted in compliance with Section 96 of the
Securities Act, 2015 and Clause 5.6.1(a) of the PSX Regulations for
dissemination among your members.

 

Yours Sincerely,

 

 

 

(Wasim Ahmad)

Company Secretary

Copy: Executive Director/HOD, Supervision Division, SECP, Islamabad.

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