AGL38▲ 0.01 (0.00%)AIRLINK210.38▼ -5.15 (-0.02%)BOP9.48▼ -0.32 (-0.03%)CNERGY6.48▼ -0.31 (-0.05%)DCL8.96▼ -0.21 (-0.02%)DFML38.37▼ -0.59 (-0.02%)DGKC96.92▼ -3.33 (-0.03%)FCCL36.4▼ -0.3 (-0.01%)FFL14.95▲ 0.46 (0.03%)HUBC130.69▼ -3.44 (-0.03%)HUMNL13.29▼ -0.34 (-0.02%)KEL5.5▼ -0.19 (-0.03%)KOSM6.93▼ -0.39 (-0.05%)MLCF44.78▼ -1.09 (-0.02%)NBP59.07▼ -2.21 (-0.04%)OGDC230.13▼ -2.46 (-0.01%)PAEL39.29▼ -1.44 (-0.04%)PIBTL8.31▼ -0.27 (-0.03%)PPL200.35▼ -2.99 (-0.01%)PRL38.88▼ -1.93 (-0.05%)PTC26.88▼ -1.43 (-0.05%)SEARL103.63▼ -4.88 (-0.04%)TELE8.45▼ -0.29 (-0.03%)TOMCL35.25▼ -0.58 (-0.02%)TPLP13.52▼ -0.32 (-0.02%)TREET25.01▲ 0.63 (0.03%)TRG64.12▲ 2.97 (0.05%)UNITY34.52▼ -0.32 (-0.01%)WTL1.78▲ 0.06 (0.03%)

Wednesday, December 25, 2024

Home Business E&P companies drill 217 oil & gas wells in 40 months

E&P companies drill 217 oil & gas wells in 40 months

by News desk
January 24, 2022
in Business

[tta_listen_btn]

The oil and gas Exploration and Production (E&P) companies, operating in different parts of the coun-try, have drilled around 217 wells including 87 ex-ploratory and 130 appraisal and development during a 40-month period.

As a result of the exploration and development ac-tivities, the companies produced additional 32,496,029 barrel (BBL) oil and 1,436,546 million cubic feet (MMCF) gas in 2018-19; around 28,086,649 BBL oil and 1,316,635 MMCF gas in 2019-20; as many as 27,568,461 BBL oil and 1,279,243 MMCF gas in 2020-21 and 9,295,184 BBL oil and 415,366 MMCF gas in first four months of the current fiscal year.—APP