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Public regulatory disclosure · Pakistan Stock Exchange · London Stock Exchange

OGDCL Reports 750 BPD Production After MPC Workover — Kuli Field, Pakistan

OGDCL Official disclosure by Oil and Gas Development Company Limited

Oil and Gas Development Company Limited (OGDCL), Pakistan's largest state-owned E&P company listed on both the Pakistan Stock Exchange and London Stock Exchange, officially disclosed a production increase at its QH-03 well in Kuli Field, District Chakwal.

Prior to intervention, the well was producing approximately 50 BPD under natural flow.

Following a planned workover that included Multistage Physico-Chemical (MPC) treatment and ESP installation, production increased to 750 BPD.

The result was filed as a mandatory regulatory disclosure under Section 96 of the Securities Act, 2015 — submitted simultaneously to the Pakistan Stock Exchange, the London Stock Exchange, and the Securities & Exchange Commission of Pakistan.

This is not a vendor report. It is a public stock exchange filing signed by OGDCL's Company Secretary.

50 BPD → 750 BPD · ×15 increase · Combined MPC + ESP workover · QH-03 · Kuli Field · Chakwal, Pakistan

Why this case matters

Damaged, low-rate mature producers with strong remaining reserves are the natural fit for MPC. The Kuli Field result demonstrates what becomes possible when candidate selection, formation-impairment removal, and artificial-lift optimization are addressed together rather than sequentially.

Mature wells with remaining reserves and addressable near-wellbore impairment respond to MPC most strongly when the treatment is paired with the right artificial-lift configuration.

Application direction

For U.S. operators evaluating MPC, the OGDCL experience is most relevant to declining producers where conventional stimulation has plateaued, the well still has commercial reserves behind pipe, and the artificial-lift system is either undersized or overdue for an upgrade.

OGDCL regulatory disclosure letter to Pakistan Stock Exchange and London Stock Exchange regarding production enhancement at Kuli Field
OGDCL regulatory disclosure to Pakistan Stock Exchange, London Stock Exchange, and Securities & Exchange Commission of Pakistan. Filed by Wasem Ahmad, Company Secretary. Public document.
Source: OGDCL public disclosure filed under Section 96 of the Securities Act, 2015, and Clause 5.6.1(a) of PSX Regulations. Production outcomes are reservoir- and execution-dependent; no specific result is guaranteed for any individual well.