Islamabad
Oil and Gas Development Company Limited (OGDCL) has carried out 3,407 L-KMs 2D and 1,324 Sq. KMs 3D seismic surveys in its various operational areas during the last fiscal year aimed at expediting hydrocarbon exploration activities and making the country self-reliant in the energy sector.
“Moreover, around 5,582 Line Kilometers (L-KMs) of 2D and 4,977 Square Kilometers (Sq. KMS) of 3D seismic data has also processed/reprocessed using in-house resources,” the company said in its annual financial report for the year 2019-20.
The acquired seismic data represented 79 percent of the total 2D seismic data acquisition in the country.
The state-owned OGDCL, being the market leader in Exploration and Production (E&P) sector of the country held the largest exploration acreage, as of June 30, 2020, which stood at 79,994 sq. km representing 37 percent of Country’s total area under exploration.
–APP
