Internship report on OGDCL

Page | 1

EXECUTIVE SUMMARY
I did six weeks internship at OGDCL as a compulsion for my BBA Hons degree from Bahria University. It is a necessity for every student to do internship with any organization relevant to their subject of studies. This stipulation is a way of familiarizing the students with the practical world which they intend to enter after completion of their education. During the tenure of my internship I got an opportunity to understand the organization and apply my knowledge and theoretical concepts in a better manner. This report precisely states my experience. The following report has been written on the format provided by the university administration. It initiates with an introduction of the company’s background and proceeds with its contribution to Pakistan’s economy. OGDCL forms the industrial base of our country and plays a dominant role in energy generation activities to support the nation on the whole. This sector dates back to the creation of Pakistan and ever since owing to its importance it has been pampered by all sectors of production. I interned in the production department of OGDCL and this report elaborates my experience and understanding of the production soft wares, marketing issues and human resource requirements of the company. I have also talked about the financial standing and progress of the industry in 2009. Operational, HR and market analysis all show positive results and bright future of the company in the following industry of our country. Other than a few pits that I discovered which include lack of use of modern technology, bureaucratic, hierarchical structure and nepotism the overall analysis of the company depicts a very positive and influential picture which is why it has been profitable over the years.
Page | 2

INTRODUCTION
Oil industry is a lifeline for an economy. It is a world of oil exploration, oil refining and oil marketing. Pakistan understands the importance of this industry for its economic uplift. Therefore the government of Pakistan established OGDCL in 1961. OGDCL is the leading firm providing 23% of total consumption, saving Pakistan from imports and contributing to economy by paying different charges to the government. Prior to OGDCL's emergence, exploration activities in the country were carried out by Pakistan Petroleum Ltd. (PPL) and Pakistan Oilfields Ltd. (POL). In 1952, PPL discovered a giant gas field at Sui in Baluchistan. This discovery generated immense interest in exploration and five major foreign oil companies entered into concession agreements with the Government. During the 1950s, these companies carried out extensive geological and geophysical surveys and drilled 47 exploratory wells. As a result, a few small gas fields were discovered. Despite these gas discoveries, exploration activity after having reached its peak in mid-1950s, declined in the late fifties. Private Companies whose main objective was to earn profit were not interested in developing the gas discoveries especially when infrastructure and demand for gas was non-existent. With exploration activity at its lowest ebb several foreign exploration contracting companies terminated their operation and either reduced or relinquished land holdings in 1961.

CENTRAL BACKGROUND INFORMATION
Oil and gas sector has been the oldest industrial base for Pakistan and the world around us. It is the source of all kind of activities geared towards the
Page | 3

generation of energy, for the use of other industries and activities that support the economy of a nation. This reason alone has let the energy sector to be pampered by all the sectors of production and society around us. The setup of oil and gas related infrastructure and institutions started with the formation of Pakistan. The then governments (in the first decade of formation) did take some very useful decisions for the later generations of Pakistan. They made sure that our energy needs were made secure enough so that we could count on them. Many energy generation and exploration projects were started which really proved useful in that decade of intense growth of industrial development. These explorations fueled the development process further to attain one of the fastest growths in the history of Pakistan. This also proves that if these projects weren’t initiated maybe the picture would have been much different and grotesque today. INDUSTRY OVERVIEW In the public sector many companies and firms are operating including OGDCL, PPL, PSO, SSGCL, SNGPL and PARCO. Private sector companies of Pakistan have done a formidable job in attracting much needed investment and also in fulfilling much of the strategic fuel needs of Pakistan. Major Private Sector companies include: British Petroleum (BP), Asia Petroleum Limited, Shell Pakistan, OMV Pakistan, Attock Petroleum Limited (APL) and Chevron (Caltex) private limited. ENERGY SUPPLIES OF PAKISTAN The primary commercial energy supplies for the year 2006-07 in Pakistan have been 60.4 million tons of oil equivalent (mtoe) from 57.9 mtoe in 200506. Natural Gas holds a share of 48.5% in primary energy supplies followed by oil 30.0%, hydro electricity 12.6%, coal 7.3%, nuclear electricity 0.9% and LPG 0.5% while imported electricity is only about 0.1%. PETROLEUM Fuel or petrol has many forms and is one of the most important energy constituent as the world today depends on it. Most of its transportation and many other needs would remain unfulfilled if this energy source is not available in a timely manner or as per requirement. The total amount of identified recoverable reserves of crude oil, according to the report of GSP
Page | 4

Aviation Fuels and Naphtha.(Geological Survey of Pakistan) is 341. The drilling efforts resulted in 17 discoveries mostly of gas/condensate. Zulfiqarabad. During the same period a total of 36 wells were drilled. Transport (47. The consumption of Petroleum products in 2007 was 1685 million tons. There is excessive increase in the demand for Petroleum since the number of vehicles has increased at an alarming rate. the PARCO pipeline system has its own terminals at Korangi. Refineries and the OMCs have key installations and terminals to receive and store crude and petroleum products in Karachi (Keamari. Since 80% of our oil requirements are fulfilled through the import of oil. This demand for petroleum is expected to increase consistently over the years Major products or kinds used and produced in Pakistan are Motor Spirit.9) percent. our port facilities are of absolute importance for the Petroleum sector. We have 2 major ports in the country: Karachi and Port Qasim. The structure of firms in the Petroleum industry is summarized as follows: Page | 5 . Mahmood Kot-Faisalabad-Machike (MFM) Pipeline.438 barrels per day. out of which. Gujrat (mid-country). In addition. Pipelines are the major transportation mode in the transfer of oil to different locations. We export various by-products of petroleum and in fact crude oil itself when it becomes more than necessary and when there is no stocking space left in the storage depots. INFRASTRUCTURE At present the publicly owned shipping vessels in the industry are only 3. The percentage share of different sectors in its consumption is as follows: Households (0.5). 10 were by OGDCL and 7 by the private sector. agriculture (0.800 million barrels.6). There are a variety of pipelines operating in the country namely PARCO. Korangi. The average production of crude oil during the 2006-07 was 67.4). and so on). Power (40) and others (1. Bulk of the traffic is handled by the Karachi Port. Furnace oil. The number of development wells drilled during 2006-07 was 41. Diesel (HSD and LDO). White Oil Pipeline Project. Kerosene. HOBC (High octane blending component).6) Industry (9. Machike-Taru Jabba Pipeline Project (MTJPP) and the trans-Karakoram oil pipeline. APL Fuel Oil Pipeline. Faisalabad and Machike. Mahmood Kot (mid-country) and Morgah (Rawalpindi). held by NTC (National Tankers Corporation).

There is a vertically integrated environment for Gas sector. The key installations for Gas are the areas where it is discovered. Spend Share Production/Operatio ns Production Cost Operations Effectiveness Development Spend Corporate Planning HR Enabling KPIs Supply Chain Requisition to Order cycle time Page | 6 Safety Employee Safety Technical Staff Gap Productivity .g. The downstream sector comprises of the firms that directly market the petroleum and its by-products to the final consumer. GSP) Mid Stream (Oil Refining Companies e.g. The Midstream sector represents the oil refineries operating in the sector. PIPELINE NETWORK Pakistan has the world’s second largest pipeline network after America in the world which is being run by two companies namely the SNGPL and SSGCL. Basin Understan ding Exploratio n Developme nt Production Mid & Downstream Reserves Management Reserves Replacement Rate Metric Exploratio Developme s n nt Exploration Success Ratio Finding and Development Cost. For example the main Transmission system for most of Pakistan is situated near Sui.• • • Upstream (Oil Exploration companies e. The upstream sector consists of different companies that may or may not be involved in the petroleum sector as well. processed sent to the distribution networks and from there sent to the consumers as required. PARCO ) Down Stream (Oil Marketing Companies e. The transmission system of SNGPL is in Punjab and NWFP. since it's from there that the gas is being pumped into the pipeline system of the country. Gas is brought out from the gas fields.g Shell) The Upstream sector of our Petroleum industry consists of the Oil exploration and extraction companies.

Downstream sector is where the gas is supplied to the end users the main suppliers being SSGCL and SNGPL who have been marketing and setting the price for different consumers. to undertake comprehensive exploratory program and promote Pakistan’s oil and gas prospects. COMPANY BACKGROUND ESTABLISHMENT The Oil & Gas Development Company Limited (OGDCL) was created under an Ordinance in 1961. 2006. Midstream sector is processing gas and distributing it to networks for transporting and home delivery. OGDCL is the largest petroleum exploration & production (E&P) company in the Pakistan oil and gas sector based on recoverable reserves. As at June 30. at Page | 7 . hydrocarbon production and exploration acreage holding. In 1997. OGDCL held the largest portfolio of recoverable hydrocarbon reserves of Pakistan. it was converted into a Public Limited Company and is now governed by the Companies Ordinance 1984.Many companies are operating exploratory wells and development drilling wells in Pakistan.

DEVELOPMENT OGDCL plays a leading role in developing oil and gas resources in Pakistan. OGDCL was a statutory Corporation and was known as Oil & Gas Development Company. Its percentage share of Page | 8 . OGDCL now holds the largest shares of oil and gas reserves in the country. GOP divested another 10% of its stake in OGDCL in the form of Global Depository Shares and listing of the Company on the London Stock Exchange. Prior to 23rd October 1997. In addition. besides seeking opportunities abroad.e. In November 2003. OGDCL has an extensive database. in December 2006. undertake carefully selected offshore and international development activities to augment our oil and gas resources.f. It also leases out its drilling rigs to the private sector and carries out seismic surveys and data processing on contract for these companies on extremely competitive rates. With a balanced. OGDCL explores and exploits indigenous resources for optimum production of oil and gas.32% of gas and 37% of oil. Subsequently. which are operated by it besides having working interest ownership in 28 non-operated Mining and Development & Production Leases. Our principle objective is to first expand and accelerate onshore exploration and development activities and.e. OGDCL contributed 22% of the country’s total natural gas production and 48% of its oil production on net basis. Services of the Company’s highly qualified and skilled expertise in the fields of geology and geophysics are frequently availed y the local and foreign oil companies. It was incorporated as a Public Limited Company w. i. In addition OGDCL has 35 Mining and Development & Production Leases. Government of Pakistan (GOP) divested 5% of its shareholding in OGDCL by way of an Initial Public Offering (IPO) on the Pakistani Stock Exchanges. contingent upon theses activities. 23rd October1997 and became known as Oil & Gas Development Company Limited. OGDCL has the largest acreage position in Pakistan and currently operates 17 exploration concessions and holds non –operated working interest in another 7 exploration concessions. efficient and competitive structure. respectively. 48% of total oil and 37% of total gas reserves.

FUNCTIONS OF OIL AND GAS DEVELOPMENT COMPANY The main functions of the Corporation are:1. 3. 2. OGDCL’s updated estimates for remaining recoverable oil and gas reserves as on 1st July. To perform other functions as the Federal Government may from time to time assign to the Corporation. allowing the Company to utilize its significant reserves base and capitalize on the strong economic growth and accelerating energy demand in Pakistan. the Company seeks to execute the following strategies: 1.25 million barrels of oil including company’s share in non – operated Joint Ventures. geophysical and other surveys for the exploration of oil and gas. Exploit Exploration Opportunities: by building the Company’s future reserves portfolio through its large onshore exploration acreage. To produce. To carry out drilling and other prospecting operations to prove and estimate the reserves of oil and gas. On the basis of its activities since inception. refine and sale oil and gas 5. Accelerate Production Growth: by continuing to accelerate production growth. 2003 and made 59 discoveries with a success ratio of 1:3. 4. To carry out geological. the Company has set targets for exploration drilling of at least 41 wells and plan to increase this target to 52 wells in fiscal year 2008 and 65 wells in fiscal year 2009. the company has until June 30. 2003. For the fiscal year 2007. program of exploration of 2. During the last 42 years OGDCL has grown into a technically and commercially viable organization.the total oil and gas production in Pakistan is 34% and 28% respectively. Page | 9 . stood at 9. In order to achieve this goal.228 billion standard cubic feet (BSCF) of gas and 164. To plan. organize and implement development of oil and as resources.

will be a major factor in allowing it to control its low cost structure. Implementing International Best Practice: by ensuring an efficient organizational structure and business processes that are focused on core production. As part of our restructuring plan.3. Page | 10 . Maintain Low Cost Operations: OGDCL’s operating environment. 4. the Petroserv Directorate. the Company intends to grow and diversify its portfolio through selective international expansion in the medium to long-term. Within Pakistan. remains OGDCL’s core focus. the Company’s leading position also enables it to access economies of scale across its significant reserves base and operations. namely the geographic concentration of its reserves base within Pakistan. OGDCL has established an in-house technical services division. which separates technical support services from core E&P activities. Pursue Selective International Expansion: while domestic expansion 5.

Page | 11 . This is important because if the fields are over producing then they might dry out very quickly. OGDCL doesn’t own any oil tankers or any oil carrying vehicles however it bears the cost. In other words once the oil or gas comes out of the ground it is no longer the property of OGDCL. No other means are used. Gas is only transported through gas pipelines to the gas processing plants of the respective companies where it is processed for daily consumption. Everything OGDCL produces is sold under the name of President of Pakistan there and then. 4 oil refineries and 2 gas companies. Gas for further processing is sold to SNGPL and SSGCL. PARCO in Multan and Attock oil refinery. The fields are operated with the view of optimizing their output over a length of period of time. NLC tankers are often used by OGDCL for this purpose. most of its customers are government owned. Transportation of the products is the responsibility of OGDCL. There are no Oil and Gas storage facilities of OGDCL. Oil is transported through pipelines and also through oil tankers. Before the raw gas which can be fed into the processing plants. However due to the prevalent demand conditions most fields are producing at their maximum output level. These pipelines take the oil directly from the oil fields to the refineries. However raw gas extracted from underground has very variable composition. it contains a lot of impurities in various quantities.COMPANY’S ANALYSIS OPERATION ANALYSIS OGDCL is a government owned organization. The gas pipelines are set up in collaboration with the government where possible. There are several on site gas processing plants which process it so that the required standards are met and then it is transported. it needs to be of the required standard. Where pipelines are not present or cannot be made due to any reason third party carriers are used to transport the oil. There are six customers of OGDCL. Production is done round the clock without any scheduled stops except for maintenance. Crude oil from the fields is transported to the two oil refineries in Karachi.

Page | 12 .

OGDCL financial performance in the current year is quite impressive.31% under varying growth method. the company’s growth is expected to be 37. company’s debtor turnover is less as compared to other companies showing managerial inefficiency and infectivity. Gross profit. so the major income of it goes to the government revenues CAPITAL STRUCTURE OGDCL is 100% equity financed company out of which 85% share is of Government of Pakistan and remaining 15% is issued to general public and some shares are also bought by international investors. OGDCL is 85% government owned. While in turnover.5% of the total shares of the company through secondary offering in the form of Global Depository Shares to international and local institutional investors. 37 billion to the national exchequer in the shape of royalty. taxes and other payments. showing the company is growing robustly. OGDCL and IPRTOC. OGDCL became the first Pakistani E&P Company listed in the London Stock Exchange with effect from December 2006 and acquired 70% working interest along with the operatorship in Guddu Block under an assignment agreement executed in 2007 between GHPL. this is because of 22times more share of OGDCL than any other company in industry. no financial leverage. this is because of the less decommissioning cost. OPERATING LEVERAGE Page | 13 .61% under sustainable growth method. The Company is the single largest contributor of more than Rs. Government of Pakistan divested 9. Earning per share of company is ever rising due to rising net income. OGDCL has a growth of almost 40%. Net profit of the company are high as compared all companies in the industry.FINANCIAL ANALYSIS OGDCL financial performance has been consistently improving with sustainable growth since the time it became a self-financing Company. while it is less as compared to companies in industry. Sales growth is about 25%. and other incomes. operating profit. An in future prospect. the reason for the high sales is rise in oil and is prices in the country. while 35. duties.

while speed and competence are its Hall Mark. now it has increased to 350000. policies and affairs of the Company vests in a Board of Directors. Government covers its losses of petrol by getting these dividends. 10 Directors and 01 Managing Director (MD). EARNINGS & DIVIDEND The EPS of OGDCL has increased from 4 in 2002 to 11. This growth in sales is due to increasing demand of oil. it now operates much purely as Oil Company does. The OGDCL has been re-organized during the last few years. OGDCL can broadly be divided in to following three companies: • • • Corporate Exploration & Production (E& P ) Technical Services The whole organization has been streamlined on the functional basis and it has emerged as an efficient unit. GROWTH IN SALES The sales of OGDCL have also grown insignificantly. The Dividend payout rate of OGDCL is very high because of the government control due to 85% share in capital. MD is responsible for operational and other activities. In 2002 the sales of OGDCL million barrels of oil and now it has reached to 14500 barrels of oil. It also shows that the company is risky one. The sale of Gas has also increased from 250000 MMcF in 2002 to 300000 in 2005 which was also same in 2007. It is now divided into separate departments and each department is in Page | 14 . The general direction. which consists of 01 Chairman.54 in 2008. HUMAN RESOURCE ASSESSMENT COMMENTS ON THE ORGANIZATIONAL STRUCTURE All policy related issues are dealt by the board of Directors that is headed by a non-executive Chairman and a full time Managing director. Emphasis is on Professional Competence and getting things done. it gives a magnifying effect.OGDCL has high operating leverage as it has high total Fixed Expenditures as compared to variable expenditure.

different Executive Directors performs following activities in consultation with General Managers. who are assisted by the concerned Departmental Managers: Page | 15 .a position to work independent business unit. For effective operational activities.

Executive Director Admin: The administration department manages all the activities from recruitment to training and development and is responsible for management of personnel Executive Director Corporate Affairs: Looks after the activities of planning of different development programs and monitors the implementation of that program. 4.. 3. This process is achieved through drilling. 6. FUNCTIONS OF PERSONNEL DEPT 1. Maintenance of Database-Computerization. Page | 16 . Implementation of CBA Management’s agreement’s after every two year’s duration. 2. National Assembly Questions / Other Government Agencies. 5. it is then drilled to assess the quality and quantity of the deposits. ED (Drilling) is responsible for all the drilling activities carried out by OGDCL in the country. Responses to Senate.The Executive Director Exploration: Supervises all the geophysical and geological and exploration activities and is assisted by different Manager. It coordinates with all the department of OGDCL and prepares a strategic plan for the activities of OGDCL. 7. This department also acts as a liaison between OGDCL different Ministries. Processing of Pension / EOBI and retirement cases. Transfers –Postings and maintenance of seniority. Maintenance of service record of employees from their induction to retirement and beyond. Handling of Personnel grievances. Executive Director Drilling: When a potential oil or gas field has been identified through seismic surveys.

Page | 17 . Karachi Peshawar etc. All type of documents/cases are tabled to the PAO for verification and signed. The posting (DAK) of all Islamabad come to the PAO and also he distributes the post to the required party/person. TRANSPORT SECTION The main function of transport section is to provide transport facilities to the officer staff member of OGDCL Islamabad. rest houses for staff and officer at big cities like Lahore. Particularly in housing cases the approval of PAO is must. He may approve the legal cases and also has the power to reject illegal cases. He is the in charge of overall staff of both sections. It has many functions they are:    Hiring of houses for the employees of OGDCL.HOUSING SECTION Housing section is also one of the permanent parts of OGDCL Islamabad therefore it performs the function for OGDCL’s staff member to hire houses for their accommodation. VEHICLE FOR ENTITLED OFFICER Manager they provide official vehicles for duty. VEHICLE FOR GENERAL DUTY For each department they provide special vehicle for emergency cases. Hiring of building for offices and lodges at Islamabad. that in general admin section and housing section. FUNCTIONS Actually PAO is the head of two major sections. Various types of vehicle they provide to the officers / staff in various shapes. Hiring of lodges.

It is not essential for employee as well as for legal service department that they hire advocate for case. ORGANIZATION OF LEGAL SERVICE DEPARTMENT Legal Service Department Legal service department is one of the most simple and little department but its functions are always maintained on climax position in OGDCL. but mostly they consult with outside advocates on various fees. so if the case is lower level then legal service department delete that claim by negotiation with employee. They have their own advocates. VERIFIER FIELD DUTIES At each field from 5 to 6 vehicles ready every time for field duties at the time of emergency. then legal service department stands from management side of OGDCL. but legal service department are always advocates from the management side. After that if the employee is frustrated then he can go to the court for appeal. whenever occur in OGDCL. On the other side when OGDCL claims on any person or body of person. Page | 18 .VEHICLE FOR PICK AND DROPS Large number of coasters for officers and buses for other lower staff are available which perform the duty of to pick early in the morning and drop at the end of office time the staff to perform their duties. Employee can witness in court personally. It is the information from the department that mostly cases are go in favors of OGDCL. To deal with court and legal cases. But when inside OGDCL any employee appeal against any officer under the section rule 25. If any body from outside accused on OGDCL in any affair. so at this also they deals the cases same as above. VEHICLES FOR FOREIGNERS Similarly some vehicles are available for engineers and other staff.

the patient may receive the drugs from that particular drug store. Page | 19 .Medical Center Department Organogram Manager Medical Services It is the head of the medical services and is responsible for. Hospitalization Patients are referred for hospitalization as and when required to hospital/nursing. Medicines Medicines are provided to patients from entitle panelist chemist through prescription. OGDCL Medical Centre Islamabad Function   To check the OPD patients To check the OPD bills. To provide medical facilities to the corporation employees. Every year medical centre make an arrangement with any drug store on 6% discount.   To manage the medical centers of the corporation. DCMO checks and make verification and signed on those bills. homes /specialist on the panel of the corporation and reimbursement is allowed when such facilities are not availed. They keep money for vaccination. After that they refer the bills to the account department for payment.C Islamabad. Vaccination programmed is also processed in MC. For verification the owner of the drug store send bills to the DCMO at the each month. Diagnostic Facilities X-ray and laboratory diagnostic facilities are available at M. Emergency drug are also kept at both medical centre to meet any emergency. It is a permanent discount so after check up.

It is also a proper channel between the two bodies. deducted every monthRs.e. Benevolent fund. at the time when any staff member die. in extra fund by pension. the amount will be given to his wife. PENSION AND WELFARE SECTION Welfare Section It is just like a bridge between the union and management. Functions of Welfare Section Various types of functions performed by the welfare section are as under:    To deal with union matters.15/. Ambulance Ambulance equipped with first aid kit is available at medical centre Islamabad for 24 hours duty. i. Conveyance advance. Grant of house building advance. to give amount to the staff members after five years in OGDCL for conveyance. To provide facilities to the staff members of their families. The union and management make on agreement after every two years.by their income   Similarly large number of facilities they provide to the staff member. due to the arrangement with management. Distress grant. Page | 20 . Welfare section negotiates with union from the management side.Vaccination Vaccination facilities for children are available at both medical centers and every Monday is specially fixed for this purpose.

Recruitment Section Recruitment section is one which is a real base to provide facilities of selection of new and old employees. as under: Page | 21 .As a whole it means that OGDCL will provide pension till 15 years and something.e. To take examination and interview of new and experimental candidates. Analyze the recruitment of employees in each department. Functions of Recruitment Section Recruitment section basically performs the following functions. The super innovation of the pension is maximum 60 Years.i. The recruitment procedure of the OGDCL is mostly related with CSS of Pakistan . To recruit the experimental employees for higher jobs. After that the pension allowance will be counted again. This procedure is called Organogram. Organogram After circulation to every department they analyze that how many employees perform their duties and how many are required and they take a deficiency with his scale. Years he can demand for pension. After 60 years he can not stay more. Accommodation allowance is 50% of the growth monthly pension supposes that on the age of 25 years of service his pension will be counted of the 14th scale employee. After the completion of organogram they take the official approval from chairman and give advertisement through public relation department of the most required vacancies. After 10 years in OGDCL the staff member qualified for pension and after 25.Pension Section Pension was introduced in OGDCL after 1984.    To recruit new candidates as a trainee.

W. convincing power and also his dealing with other people. It should be kept in mind that the interview has no value and no marks. It is just only for to and to analyze the courage.5% 3. This examination is held in those departments. RECRUITMENT TYPES Regular Contract Basis Trainees – Special Trainees Page | 22 .k 10% 50% 11.4% 7.Merit Punjab Sindh rural Sindh urban N.6% 11.P Baluchistan Fata A.j. boldness communication skill. where the candidate want to join and that department send the result to recruitment section. The selection procedure is recently shortly changed and is as under:Written Test 40%weitage Experience Academic Qualification 30%weitage 30%weitage The time for a written test is usually one hour.5% 04% 02% After the advertisement they receive application from all Pakistan and take written examination.f. Those candidates who qualified the test then they send a call for interview if they are not low merit.

M. (Admin) Executive Director (Concerned) Member Professional / Expert in the relevant field/discipline Member Preferably having PhD or Master degree in the Relevant subject Head of Department Concerned FOR EG-V TO PS-15 Executive Director (Admin) Executive Director (Concerned) Head of Department Concerned Head of Department Concerned Professional/Expert Head of Department Concerned Chairman Member Member Member Member Member Chairman Member Page | 23 . FOR EG-VII AND EG-VI Managing Director Executive Director (Admin) / G.Hiring through Contractor Classified appointment SELECTION COMMITTEES FOR RECRUITMENT FOR EG-VIII AND ABOVE Managing Director and Members of Human Resource Committee.

Government servant (efficiency and discipline) rules 1960 which were adopted in the draft service rules vide part-II statutory notification (SRO) govt of Pakistan cabinet secretariat(established division) notification No. After taking action he send a report to discipline section then discipline section help him in penalties with the approval of executive directors and chairman under the rule of 1973.DISCIPLINE SECTION FUNCTIONS Discipline section deals with those matters which depend upon any misbehavior.Every higher authority can take action against that evil. Page | 24 .These new rules have been adopted by the oil and gas developing company limited and matters relating to efficiency and discipline of the employees shall henceforth be governed by the OGDCL servants rules 1973 being issued as annex. In OGDCL there is delegation of powers .SRO1213(1)/73 published in the gazette of Pakistan enter ordinary dated 18-081973. mis-conduct or any offence which occur in fields and offices by the employees. ODGCL Servants (Efficiency and Discipline) Rules-1973.

Stoppage for a specific period. other wise then for unfitness to cross such bars. in accordance with the rules or orders pertaining to the service or post. otherwise then for unfitness for promotion financial advancement. However. a person on whom major penalties is imposed shall have a right to appeal to the next higher authorities. or to a lower stage in a time scale.PENALTIES The following are the minor and major penalties namely: MINOR PENALTIES   Censure. Provided that whether the penalties are imposed by order of the board of directors. removal or dismissal from service does not include the discharge of a person. Page | 25 . at an efficiency bar in the time scale. With holding for a specific period. Removal from the service does not but the dismissal from the service does disqualify for future in this rule. Compulsory retirement. promotion are increment.   MAJOR PENALTIES  Reduction to a lower post or time scale. Recovery from the pay of the whole or any part of any pecuniary (minority) loss caused to corporation by negligence or breach of orders. Removal from service and Dismissal from service.     APPEAL There will be no appeal against minor penalties. there shall be no appeal but the person concerned may apply for review of the order.

Performance review help supervisors feel more honest in their relation ship with their subordinates and feel better about themselves in their supervisor roles. decrease credibility of management. Avoiding performance issues ultimately decrease morale. It informs the employees that what they will do after 5 years And 10 years. Career planning section is under the control of personnel manager. PERFORMANCE APPRAISAL Yearly performance reviews are critical. The elaboration is as under:The promotion and recruitment criteria of the corporation was notified vide O. 1991. CAREER PLANNING Career planning is basically career orientation and career development. Therefore to remove these difficulties.N. 1984. their own personal strengths and areas for development and a solid sense of their relationship with their supervisor. there have been some problems in application of the promotion criteria in some cases. where after a few clarifications were also issued from time to time. Promotion is main figure of career planning section. decreases the organizations overall effectiveness and wastes more of management’s time to do what isn’t being done properly. M. 0103-15 dated 12 November.AA. The revised promotion criteria are notified herewith which shall be effective from first July. Subordinates are assured clear understanding of what expected from them. Organizations are hard pressed to find good reasons why they can’t dedicate an hour long meeting once a year to ensure the mutual needs of the employee and organization are being met. the promotion criteria has been reviewed and revised under the guidance of the executive directors. It informs the employees of OGDCL about their future planning.NOTE The chairman’s approval is necessary at all the stages for issuing the show cause notices and enquiry letter for awarding the final punishment. That what he performs his duty and also they prescribed to the employees their operational set up. However. Page | 26 .

Formal documentation of performance through the completion of a performance and development appraisal form appropriate to the job family. Ongoing assessment of performance and the progress against work expectation. The accuracy and reliability of any scoring system increases with full descriptions/definitions.    All the departments at OGDC are enforce to follow following performance rating Outstanding Very Good Normal Marginal Poor 20% 50% 20% 05% Page | 27 05% . and reduces subjectivity. and better still with examples for each score band. and to reward superior performance with proper praise and reorganization. to correct un acceptable performance before it was too late. The formal performance and development appraisal discussion.The scoring system is also having a major impact on effective performance appraisals. This gives everyone the same objective scientific reference points. mainly. Provisions should be made for the regular feedback of information to clarify and modify the goals and expectations. PERFORMANCE APPRAISAL PROCESS The performance appraisal process typically consists of four related steps as follows:  Establish a common understanding between the manager (evaluator) and employee (evaluate) regarding work expectations. based on the completed appraisal form and ending in the construction of a development plan. the work to be accomplished and how the work is to be evaluated.

CPC may be involved in appraising the management on the current issues and difficulties in practical application. Consequently.O.BARRIERS TO PROMOTIONS • CPC invites recommendations to reach end February and end August each year.D has obligation to pay special attention to the Career development of those in his Department. Consultancy services of a reputed company will greatly help in this direction Training of staff and officers of CPC in the field of computerization is essential and primary step On line information system may be developed among Personnel. CPC. This will speed up information and provide updated and accurate data Promotion criteria should incorporate changes reflecting ongoing trends. H. Administration and other related departments. They are seldom received according to schedule. (Proposals for improvement in Promotion Criteria have been recently submitted). Page | 28 • MAJOR OIL & GAS FIELDS . Recommendations received in CPC very rarely have that aspect properly dealt • • • • SUGGESTIONS • • • • Computerization of record is of great essence for speedy disposal and accuracy of record CPC is keen for digitalizing ACRs and related record. CPC has great difficulty in meeting the promotion dates of 1st July and 1st December each year Cases are received with inadequate information causing wastage of time and un-necessary correspondence There is lack of effective communication among departments which causes un-necessary wastage in time and efforts Absence or lack of clarity of promotion channels Career Planning begins from the Department of the individual.

Pasakhi. Chanda. Sadqal. Missan. Kal. Rajian. Qadirpur. Fimkassar. Bobi. Daru. Uch. Dakhni. Kunnar. Chak Naurang. Toot. Missa Keswal. Sono and Thora.Major oil and gas fields of OGDCL are in Tando Alam. Dhodak. Nandpur. Page | 29 . Pali. Lashari.

As is evident in the diagram below. Public relation department operates various methods and procedures to inform the public. Public relation department deliberate plan and sustained efforts to established and maintain natural understanding between an organization and its public. Public relation department is more concerned with press. Various types of newspapers are mostly used to inform the public. Initially it was started and performs duties in Karachi. The product reaches the end consumers through these companies. Through newspapers they give advertisement about OGDCL.MARKETING ANALYSIS PUBLIC RELATION DEPARTMENT Public relation department is one of the permanent departments of OGDC. Unfortunately it cannot surely say that on which date and year it was established in OGDCL. For the development of oil and gas sometime press conference also arranged for this purpose. It also performs the function to maintain the relation between the management and staff. Page | 30 . The product is transported to oil companies such as PSO. but in 1985 shifted to Islamabad along with whole records. The operations of OGDCL are such that it does not require a formal marketing department. OGDCL supplies gas and oil through pipelines. The main objective is to provide accurate and an esteem information to the general public about OGDCL’s functions that what OGDCL is doing. Since the gas is supplied to the end users the main suppliers being SSGCL and SNGPL who have been marketing and setting the price for different consumers. Shell and gas companies such as SSGCL and SGNPL.

Kerosene Oil. Under this plan pretreatment memguard unit and new membrane elements were installed and drilling of one well was completed. With the shortage of electricity the industrial sector is also looking to gas for its energy supplies. Naphtha. • • • PROJECTS Qadir Pur Development Project Qadirpur gas field. the over discovery in NWFP. LPG.ENVIRONMENTAL ANALYSIS INDUSTRY & MARKET ANALYSIS At home the demand for energy in the form of gas and oil has skyrocketed. It is located in the central Indus basin. 2002 phase-II “revamp project” was commissioned on 23 January 2004 to process MMscfd of gas. Gas. 2004.500 barrels of oil and 13 MMscf Page | 31 • Gasoline/High and Low Speed Diesel. MAJOR PRODUCT LINES MARKET SEGMENTS In the product line of OGDCL. the following are its products by which it is earning profits: • • • • Crude Oil. and is currently producing 3. . Therefore right now there is a deficit between demand and supply. In accordance with the consolidated revised development plan dated 30 November. was brought on to stream and it started giving production from 17 July. Sulphur. Chanda Development Project Chanda oil field. Solvent Oil. south of kandhkot and Sui gas field. one of the large fields in the country was discovered in 1990.

Where high demand growth exists it is primarily due to rapidly rising consumer demand for transportation via cars and trucks powered with internal combustion engines. the field will produce about 2. For economic and/or political reasons. Demand growth is highest in the developing world. The third well at Chanda field is planned to be in third quarter of 2004. Phase-II of the project is expected to be streamlined in October 2004. On its completion. particularly in China and India (each with a population in excess of 1 billion) and to a lesser extent in Africa (0.tons of LGP Satellite fields namely Mithrao and chak dim.800 barrels of oil per day and 125 M. LPG and sulpher.35 billion).8 billion) and South America (0. Growth Rate for the Entire Industry Reflecting increasing consumer demand for petroleum products.tons of LPG will be produced. gas. Dhodak Plant Enhancement And Dakhni Expansion Dhodak plant enhancement and dakhni expansion projects are also in progress and are expected to be completed by some time completion.of gas per day.This will increased the production of field to 5. world crude oil demand has been growing at an annualized compound rate slightly in excess of 2 percent in recent years.2005. Page | 32 . Bobi Development Project First phase of the bobi development project has also been commissioned in June 2004 and is producing 1. Chanda LPG plant will also be installed by October 2004 were 25-40 M.050 barells of stabilized condensate per day. the projects will result in substantial enhancement of production of oil.300 sbarells of oil and 19 MMscf of gas per day. this high demand growth component did not exist in most of the developing world even a decade ago.

global energy demand is expected to increase by 50% of which around 60% of the energy supply is expected to be met by oil and natural gas. Oil will remain the dominant energy source for the transport sector and feedstock for the petrochemical industry.Until 2030. essentially for power generation. Gas will take an increasing market share in energy supply. Page | 33 . will still be by far the dominant contributor to the energy mix in 2020. Currently 74% of the energy mix.

Over the years with the development of the Field and the subsequent evaluations its gas reserves were enhanced to 6. Its competitors. Major competitors for OGDCL are discussed below: BRITISH PETROLEUM (BP) BP Pakistan is a truly Pakistan based company and lately it has hired its entire employee pool from Pakistan. are gaining strength.COMPETITOR ANALYSIS MAJOR COMPETITORS OGDCL is Pakistan’s largest E and P Company. thus making Mari the country’s 2nd largest gas field. OMV Pakistan OMV is basically the biggest private E&P Company working in the gas sector of Pakistan. Currently BP is responsible for 16% of the oil and 6% of the gas that is conceived from all of the exploration projects of Pakistan. though still not in any position to threaten its share.000 boe/d (100%). Mari Gas Mari Gas Company Limited is one of the largest oil & gas exploration and production companies in Pakistan. OMV is reliably producing more than 100. BP has limited all its operations to southern Sindh in order to keep it simple and efficient. and the Kadanwari processing facilities. covering around 16% of Pakistan’s natural gas demand. It has a major share in the industry. It is the operator of the Sawan and Miano gas fields.8TCF. In the past competition has been minimum but today things have changed. PPL Page | 34 . From the time of its inception BP has been responsible for 22% of the total exploratory wells drilled and 43% of all the discoveries made in Pakistan.

Instilling value management as a key competence supports business / IT strategy alignment. the machinery required in the Petroleum sector is far more complicated and advanced than in other industries.Pakistan Petroleum Ltd is Pakistan's Premier E&P Company. LPG and NGL production from PPL operated and non-operated fields for the year 2004-05 in terms of oil equivalent. The gas. TECHNICAL METHODS THAT AFFECT THE INDUSTRY Oil related machinery Pakistan being an agrarian economy and not having extensive knowledge in technical fields has always had problem with industrial developments. TECHNOLOGY ANALYSIS Technology is of crucial importance to enable oil and gas companies to grow their business. OGDCL is using the modern seismic technology for improving its ability to discover the unexploited oil and gas potential in the country. Majority of our imports in the Petroleum capital items are imported from Germany. According to Total Group of Companies which is an indenter for many refineries and oil and gas distribution networks most of the refineries and other industries related to oil and gas have one common source of their imports: Germany.205 barrels of crude oil per day. A number of major institutional reforms and improvements have been implemented in all areas of operations enabling the company to take up the challenge of making the country self-reliant in the energy sector. Page | 35 . In fact. the oldest Exploration and Production Company in the country was incorporated on 5th June 1950. It is important to benchmark their use of technology with industry peers. was about 171. No industry in Pakistan can be said to be 100% self sufficient in the indigenous production of their machinery and Petroleum is no exception.

Lately there has been a lot said about Ukrainian and Russian machinery as well. The prime purpose of the machinery used in this sector is in the use of oil extraction. Otherwise the cost is higher. the machinery is updated after every 7 years as its maximum life is said to be 10 years after which the machinery does not work up to its potential and also with time new machinery keeps coming which can extract more oil in the same time due to technological innovations taking place in the sector.1.especially in the upstream sector that includes OGDCL. Austria and Italy. Page | 36 . nuts and some basic electric material are taken from our indigenous production or resellers in Dubai and Arab Countries. Pakistan lacks that know how so they have to call in engineers to setup machinery whenever they buy it to setup a new refining or distribution plant. Some of the equipment also comes from USA and Japan. that can dig up to 100 feet costs around . but the upstream sector (which obviously includes OGDCL) doesn’t find it economically feasible.2 million dollars from Germany. One oil drill. However keeping all this in mind it is proposed that machinery should be renewed in 5 years to keep up the supply of oil. The machinery and Capital used in this industry is very tough to use and learn because of the technical expertise needed. Netherlands is our second option for the import of the Capital Machinery. All of the equipment that is usually upgraded to or installed on a new project originates from European countries like Germany.. Gas Related Machinery Pakistan has the latest and the most improvised machinery that is being used in different processes of gas refining. The small parts used in the machinery like bolts. Since the capital requirement is quite high. pumping and distribution. The figure is in respect to the fact that if we buy these machinery in bulk.

Innovation Many innovations are taking place in the oil and gas industry. In addition company has got 34 mining and D & PL leases. FUTURE PROSPECTS OF THE ORGANIZATION Currently OGDCL is operator in Nineteen Exploratory Blocks and working interest in nine non-operated blocks. 313 metric tons per day pf LPG and 60 tons per days pf sulphur. production of 28. efficient and productive extraction of gas and oil. It remains the most lucrative and profitable business in the world as global demand for energy soars disproportionately to the supply.Machinery that is being used in the Upstream sector including OGDCL includes Pumps that bring Gas out and pippin’s responsible for taking that gas to the processing plants if the impurity content is too high. Physical targets for the year 200-02 was envisage drilling of fourteen wells (nine exploratory and five development). 730 MMcf per day gas.111 barrels per day. To accelerate exploration activities by covering 3.200 km of seismic Survey and drilling of 12 exploratory wells with the clear objective of a net increase in oil and gas reserves. It is expected that exploratory program will result in increase in OGDCL reservoir in oil and Gas and also to the country‘s reservoir. China has also gone into this sector but yet has not shown any important signs. 2950 Km of seismic survey. Targets have been based on risks and opportunities. This machinery has many parts like piping and nuts and bolts connecting them that are made in Pakistan but like oil most of the rigs that are used to bring gas out from under the crust are made in countries like Italy. In this scenario a significant amount of resources are invested in R & D for more costeffective. Russia and Germany. To develop the already discovered oil and gas fields with a view to enhance production and improve revenues of US$ 35 Page | 37 .

Page | 38 . to explore new Drillable prospects. Exploratory wells are being drilled on various points i. All these projects are contributing a lot of income to the OGDCL’s current revenues. Ranpathani. OGDCL Seismic Crews are busy in G&G survey on different concession like Kharar. To rationalize stores and spares inventory to the optimum level. The Company has placed great emphasis on fast track completion of these projects and on progressive project management concepts. from these points oil and gas are discoved to achieve the future targets. Norijagir.500 barrels of oil per day and 565. The Company has also started three new development projects – Tando Allah Yar.e. OGDCL has drilled different concessions independently as well as it has ventures with other company’s successfully. Basal. seismic and processing equipment in order to keep the equipment in sound operating condition at all times.605 Mmcfd of gas is expected to be produced during 1999-2000. Sinjhoro and Uch-II. Sanghar and Zin etc. replace and effectively maintain the drilling. Sanjharo . To modernize. Despite number of Joint ventures and competitors in the oil and gas sector. FUTURE GOALS & STRATEGY OGDCL plans to drill 45 wells during current financial year (2005-06). Ghari. Chanda etc. To develop OGDCL‘s human resources through transfer of technology and training. OGDCL is providing gas to IPPs like Uch power from Uch Gas Filed Project and from Nandpur / Panjpir to Fauji Kabirwala Power Limited. &.million per annum and 24.

Similarly if any employee want to leave for more than 48 days which are Official than concerned department will approval them and send to the personnel section.DEPARTMENT INTERNSHIP WORKED DURING Personnel (HR) Department Functions Maintenance of personnel files As we have mentioned above that every section is related to the concerned department. In short any type of personal problem or work will maintain in his personal files with personnel department.16) Recently personnel department has computerized the whole process to reduce the burden. the concerned section maintained this personnel record from the first day. Every employee has their own personal file in personnel department. 3. 2. There are three types of employees in OGDC. So at the end of every year they check the record of each employee. Executive Group Staff Contractual Staff (EGI . 1. the minimum time for promotion is five years. Pay Scale and Fixation It is also the function of personnel department that they fixed the pay scale for employees. whenever they want any type Page | 39 . his ACR (Annual Confidential Report). experience qualification etc. So whenever any new employees recruit OGDCL. It’s called correspondence. Correspondence The personnel department also maintains the record of each employee for promotion.EGIII) (1 .

The main issues are with the Hr department and are briefly described below. Marketing Department Functions OGDCL does not do any kind of marketing since its major contacts are regular local and overseas clients. Production Department Functions Various measures have been taken in order to augment production levels to reach new heights.of data immediately. pursuing industry best practices. and induction of latest technologies. utilization of state-of-the art automation systems and fostering use of information technology. call to computer. They have their own computer section. PROBLEM IDENTIFICATION During my stay at OGDC head office. PROBLEMS Lack of Awareness of Employees Regarding Latest Technological Changes Technical and non technical employees working at field / wells sites in far away areas of the country do not have any access to the latest modern and technological changes. enhancing in-house engineering design and simulation capabilities. The engineers constantly explore areas for oil and gas reserves in order to see where they can hit the jack pot. Page | 40 . enduring commitment by its professionals. This includes setting up of aggressive targets. strengthening surveillance techniques. I have observed some weaknesses in the organizational setup functioning of various departments. literature etc.

Lack of Career Planning Of Employees OGDC is only organization in the field of exploration and development of oil and gas resources of the country. mostly at sites but they are misused by their location in charge. Unfair Utilization of Transport OGDC have a large number of vehicles. While officers of Equ. Grades 19 are not entitled to have official transport. but unfortunately does not use scientific techniques in career planning of employees. Page | 41 . OGDC also provides pick and drop facilities to stop and officers to some extent with few Buses / Coasters but it is not sufficiently only few percent get benefit from this.

Further more the recruitment system is also influenced by the nepotism of politicians. I am awed by how well things can work in state run organizations. location in charge uses their powers towards petty cash purchases from local market. Poor Method of Recruitment To recruit the employees both internal and external methods are used but the corporation gives preference to the internal method. In just Way of Awarding Training Training is used to develop the skills of the employees in this regard lot expenditure is made on training but unfortunately training facilities is also awarded to the employees based on nepotism. RESULT My stay at OGDCL was a very eye-opening and valuable learning experience for me. chaos and unprofessional attitude of Page | 42 .Unnecessary Purchases at Sites Due to less accountability and more delegate powers. My internship at OGDCL removed my previous misperceptions regarding the inefficiency. Promotion Policy Promotion policy is the mixture of both merit and seniority. but in practice emphasis is given to ACR and one can say that where there is ACR there is less chance of favoritisms. The main draw back of this method is that it blocks the way for new generation which carry new ideas and knowledge. OGDC have a centralized procurement department but stocks are accumulated in the absence of the strict rules and policies regarding purchases and stock position.

nepotism and corruption are very much present in the organization but overall there is a smooth running of operations and profitability is very much there. Rotation of duties should be made at regular interval to improve the overall work output and to keep the interest of the employee intact. So that monopoly and dependence on few is eliminated. There is great focus on the company’s mission of providing oil and gas to Pakistan and maintaining productivity. To save time of the employees chasing their payments employee related payments should be excluded from the ambit of pre-audit. RECOMMENDATIONS During my stay in OGDC I carefully observed the major flaws and setbacks face by the company. Discoveries of energy reservoirs are made on a regular basis. All accountants should be given training on different accounting modules and chart of accounts. I put forward my suggestions the following practicable remedies to improve the existing practices. internal procedure should be well defined which will reduce time in these payments. 4. 3. 5. supplier and contractors is effective tool for image building of OGDCL. Quarterly comparison of actual verses budgeted expenditure is carried out to ascertain weakness and cost over-runs. Timely payment to the vendor. The company also maintains a chic. informative and very upto-date website for the public which is quite commendable. 2. Despite the fact that bureaucracy. Page | 43 .government organizations. 1. To achieve this.

9. in part via building enhancement competence. OGDC must take necessary action to acquire modern technologies so that they can compete at international level and in this way they can play more effective role in Pakistan’s economy. A professional Accountant should be assigned the job to the review of AFEs with the collaboration of technical professionals for proper and effective control to avoid cost over runs. Ensure core E&P excellence through Meld exploration. 10. Attain new horizons. but in OGDCL there is a lack of internal control. Understand potential for and exploit non-conventional hydrocarbons. partner to build new expertise – offshore. explore and master remaining Pakistan structures. 8. 13. heavier oils. A good internal Control is a key to success for an organization. strategically add reserves/production to enhance domestic infrastructure.6. Page | 44 . Fit with and help shape Pakistan’s downstream capacity gradually take positions and operate downstream to leverage reserves. 7. With the passage of time many modern technologies changes take place in oil and gas industry. Responsibility of clearing/correcting the entries should be fixed with the section generating the activities. which should be improved and implemented effectively. standardization of different stationery items and consumable is approved for purchasing in bulk from the manufacturer directly. For effective cost control. accelerate production. operationalise international E&P intent 12. hasten and grow reserves to meet Pakistan’s energy requirements. 11. production and reservoir management.

17. They should to pay full attention to the intensive professional training of staff in related fields. Although the management in recent past takes some initiative in this area. 19. But to achieve excellent and positive results rapid operations are too much essential. If appraiser make appraising based on actual performance it will decrease heart burning problem and employees’ efficiency will be increased. 18. administrative and selling expenses. The powers of location in charges should be reviewed and minimized. a new department “career planning department “ is created and few posting were made in this department . Management should try to develop maximum and minimum store inventory levels and also 100% physical verification to be done at least once a year. so it should be fully implemented. 16. As the promotion policy of the corporation clearly shows merit + seniority. Anticipate and support core operations and become commercially competitive. To offset recruitment bias favoritism should be completely discouraged. 15. And try to eliminate political interference in recruitment. because it will affect the efficiency and ultimately the corporation will be unable to achieve its objective. Page | 45 • . Management must take necessary action to control costs i. • • Training facilities should be awarded according to the requirement of the job.e.14. The department concerned can organize professional training at OGDC or with outside agencies etc and latest literature newspapers and magazines etc of professional interest should be provided at sites free of cost.

for the period ahead. extensive exploratory drilling and follow on its recent Page | 46 . This is not only meeting the requirement of the IPPS but also contributing a lot towards meeting the demand of electricity in the country. The Company expects to continue a high level of exploration activity including 2-D and 3-D seismic acquisition in the onshore and offshore areas. expeditious production from new discoveries and joint venture opportunities outside Pakistan. The focus of the Company. Strenuous efforts are on going to build an extensive. maintaining and enhancing production from existing fields.• Beside this it is also desirable to suggest that in this modern area computerization of record is very much essential . which have now started supplying Gas to power companies. CONCLUSION The production of oil and gas is contributing a lot in reducing the country’s import bill. and taxes are a huge support as compared to the other state owned organizations. excise duty. Power generation by IPPs (Industrial Power Projects) in the country is a major source of energy. OGDCL is following the strategy of maintaining balanced growth through acquisition of new exploration acreage. OGDCL’s Uch Gas field and Panjpir/ Nandpur Gas Fields are the two main fields. OGDCL’s contribution to the national exchequer in the form of royalty. will be to ensure production growth and deliver its exploration and development program with the objective of securing oil and gas reserves and enhance its production base. OGDCL entered into new JV agreements in various exploration Blocks with the foreign oil companies to boost up the efforts for increasing the Oil & gas demand of this country.So to facilitate the management computer system in all the section must be introduced. debt servicing. diversified and high quality portfolio of exploration licenses.

We are confident that the pace of growth will continue in times to come and we have every reason to look forward to the future with confidence. Page | 47 . thus leading to significant value addition for the shareholders.successes with further appraisal drilling leading to potential new field developments. resulting into strong operating cash flow and sound financial position of the Company. The Company anticipates a significant boost to its existing production on completion of current and future development projects.

Ministry of Petroleum and Natural Resource’s site. Ministry of Petroleum. 2007.kse. Business research for decision making. 17.pk www.Human management (7th edition) by Descenso. 6. 2007. by Edwin B. 2. www.Bibliography 1. Personnel: The management of people at work (5th Edition) By Dale S. (4th Edition). 14.Flippo 10.Beach Operations management/Theory and Practice (2nd Edition). (4th edition). 8.pk Petroleum Policy. 9.com. 4.com.Monks. 5.google. 3.by Ernest Dale Principle of personnel management. Vision 2030. Ministry of Planning Commission Page | 48 16.ogdcl. By DavisCosenza 15. Management theory and practice.pk Pakistan industrial Reviews Annual Reports of OGDCL Business Recorder “ News Paper” Observer Journals. www. Resource Interview of OGDCL MD. 13. 12. . 7.Joseph Reitr.com. Behavior in organizations. By H. 11. By Joseph G.

18. OGDCL Page | 49 . 2006. Strategic Plan.

Sign up to vote on this title
UsefulNot useful