BR100 Increased By (1.02%)
BR30 Increased By (1.71%)
KSE100 Increased By (0.58%)
KSE30 Increased By (0.65%)
BECO 6.03 Increased By ▲ 0.26 (4.51%)
BML 52.61 Decreased By ▼ -0.39 (-0.74%)
BOP 34.23 Increased By ▲ 0.24 (0.71%)
CNERGY 8.16 Increased By ▲ 0.05 (0.62%)
DCL 12.23 Increased By ▲ 0.03 (0.25%)
FCCL 53.80 Increased By ▲ 0.97 (1.84%)
FCSC 5.24 Increased By ▲ 0.17 (3.35%)
FFL 18.03 Increased By ▲ 0.08 (0.45%)
FNEL 1.30 Increased By ▲ 0.01 (0.78%)
HUMNL 11.00 Increased By ▲ 0.12 (1.1%)
KEL 8.07 Increased By ▲ 0.05 (0.62%)
KOSM 5.39 Decreased By ▼ -0.13 (-2.36%)
MLCF 87.90 Increased By ▲ 1.39 (1.61%)
NBP 186.60 Increased By ▲ 1.44 (0.78%)
PACE 10.75 Increased By ▲ 0.17 (1.61%)
PAEL 39.95 Increased By ▲ 0.53 (1.34%)
PIAHCLA 26.19 Decreased By ▼ -0.03 (-0.11%)
PIBTL 17.32 Increased By ▲ 0.65 (3.9%)
PPL 233.49 Increased By ▲ 5.31 (2.33%)
PRL 34.98 Increased By ▲ 0.30 (0.87%)
PTC 67.71 Increased By ▲ 2.38 (3.64%)
SEARL 90.90 Increased By ▲ 0.77 (0.85%)
SSGC 27.20 Increased By ▲ 0.60 (2.26%)
TELE 8.57 Increased By ▲ 0.29 (3.5%)
THCCL 60.85 Increased By ▲ 2.35 (4.02%)
TPLP 8.78 Increased By ▲ 0.56 (6.81%)
TREET 24.65 Increased By ▲ 0.12 (0.49%)
TRG 71.50 Increased By ▲ 1.79 (2.57%)
WAVES 10.01 Increased By ▲ 0.07 (0.7%)
WTL 1.27 Decreased By ▼ -0.01 (-0.78%)

KARACHI: As a result of the aggressive exploration strategy, the Oil and Gas Development Company Limited (OGDCL) has successfully discovered gas and condensate at Dars West Well#02, located in the Tando Allah Yar district of Sindh province.

The exploratory efforts at Dars West Well#02, part of the Dars West Development and Production Lease Joint Venture, were led by OGDCL as the operator with a 77.5 percent stake, and GHPL holding a 22.5 percent carried interest. The well, drilled to a depth of 2081 meters, penetrated the “C” Sands of the Lower Goru Formation, resulting in a major discovery.

Testing of the well revealed a production rate of 8.51 Million Standard Cubic Feet per Day (mmscfd) of gas and 360 barrels per day (BPD) of condensate. These impressive results were obtained through a choke size of 32/64” at a Well Head Flowing Pressure of 1947 Pounds per Square Inch (PSI) from the Lower Guru C-Sand in the exploratory zone.

Ahmed Hayat Lak, MD/CEO of OGDCL expressed his satisfaction with the outcome, stating, “This discovery underscores OGDCL’s commitment to pioneering exploration in pursuit of national energy security.

OGDCL remains steadfast in its commitment to leveraging innovative strategies and technical expertise for the benefit of our nation. This discovery not only strengthens our hydrocarbon reserves but also contributes to Pakistan’s energy security and economic prosperity.”

This successful endeavor is a testament to OGDCL’s commitment to an aggressive exploration strategy and its in-house expertise. The discovery at Dars West Well #02 not only enhances OGDCL’s hydrocarbon reserves but also contributes to the country’s overall energy resources.

Copyright Business Recorder, 2023

Comments

Comments are closed for this article.