Corporate Information

OGDCL OVERVIEW

OGDCL’s under a forward-looking management foresees the organization as not only the leading E&P Company of the country, but also as a company known for its people, partnerships and performance in the region. The Company continued with its strategies of accelerating oil and gas exploration, adding to its reserves, early development of newly discovered fields and strengthening of its oil and gas production base in order to enhance indigenous production of the country and create value for its shareholders

Human Resources

During the last 5 decades, the Corporation has grown into a technically feasible and commercially viable organization. It has developed a highly qualified pool of professionals who can undertake and supervise almost all phases of oil and gas exploration and production starting from preliminary geological surveys and culminating in the operation of oil and gas processing plants

Equipment Base

In order to execute the exploratory and development programmes, OGDCL has also developed a sound equipment and operational base which includes drilling rigs, Workover rigs, Geological Field Party, Seismic parties, Engineering Field Parties, Gas Gathering and Pipeline Construction Party, Seismic Data Processing Centre, Geological Analysis Laboratory, Wireline Logging Unit, Cementing Units and Data Logging Unit.

Good Governance

Initiatives have and are being taken to effectively establish Good Governance practices through:

Introduction of Code of Ethics and Business Practices.
Merit - driven hiring
Performance - driven promotions and appraisals.
Strict adherence to laid-down rules, regulations and procedures.
Development of Policy Statements in the areas of Marketing, CSR, Risk Management, etc, as a part of its business principles.

Business Development

Initiatives have been taken to enhance OGDCL’s business canvas. OGDCL will avail opportunities, to acquire overseas acreage by buying stakes in existing viable producing fields. OGDCL is also looking into the possibility of E&P opportunities and joint venture collaborations outside Pakistan, which would include swap of assets for reserves acquisition with percentage of working interest in international market.

OGDCL with an aggressive business development strategy provides an enabling environment for foreign participation (either as a JV partner or on a stand-alone basis). The Company is also aiming at fast-track development of its current and future projects at an aggressive pace without compromising quality and transparency.