Govt forms body to conduct forensic audit of dry wells - News Summed Up

Govt forms body to conduct forensic audit of dry wells


ISLAMABAD: Amid fast depletion of existing hydrocarbon deposits and increased energy demand, the Petroleum Division has constituted a team to conduct a forensic audit of the dry/shut-in wells drilled in different parts of the country by exploration & production (E&P) companies. According to sources, a four-member core committee has been constituted under the chairmanship of Dr Naseem Ahmed (ex-ED/MD OGDCL) to formulate a forensic team to analyze dry/shut-in wells in detail and submit its report within a month. As per the terms of reference (TORs), the field teams would visit shut-in wells throughout the country and evaluate their status on technical lines. The teams would conduct a forensic audit of the wells and check the feasibility of wells that could be reviewed and put on production. It would review the timelines provided by the E&P companies and suggest schedule compression for production from the feasible wells.


Source: Pakistan Today November 11, 2020 17:37 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */