BR100 Increased By (1.02%)
BR30 Increased By (1.68%)
KSE100 Increased By (0.98%)
KSE30 Increased By (1.06%)
AGHA 7.69 Increased By ▲ 0.23 (3.08%)
BECO 5.31 Increased By ▲ 0.04 (0.76%)
BML 61.23 Increased By ▲ 3.97 (6.93%)
BOP 36.00 Increased By ▲ 1.25 (3.6%)
CNERGY 11.25 Increased By ▲ 0.19 (1.72%)
CSIL 6.17 Increased By ▲ 0.34 (5.83%)
FCCL 56.88 Increased By ▲ 0.46 (0.82%)
FFL 16.51 Increased By ▲ 0.10 (0.61%)
FNEL 1.20 No Change ▼ 0.00 (0%)
KEL 7.42 Increased By ▲ 0.10 (1.37%)
KOSM 6.05 Decreased By ▼ -0.10 (-1.63%)
LOTCHEM 27.20 Increased By ▲ 0.08 (0.29%)
MLCF 103.09 Increased By ▲ 5.15 (5.26%)
NBP 207.63 Increased By ▲ 0.75 (0.36%)
NCPL 61.92 Increased By ▲ 5.50 (9.75%)
NPL 72.18 Increased By ▲ 6.41 (9.75%)
OGDC 318.49 Increased By ▲ 2.19 (0.69%)
PACE 11.06 Increased By ▲ 0.19 (1.75%)
PAEL 44.38 Increased By ▲ 2.08 (4.92%)
PIBTL 16.90 Increased By ▲ 0.12 (0.72%)
PPL 222.48 Increased By ▲ 1.79 (0.81%)
PRL 63.81 Increased By ▲ 0.16 (0.25%)
PTC 73.16 Increased By ▲ 1.34 (1.87%)
SSGC 27.25 Increased By ▲ 0.17 (0.63%)
TBL 9.88 Increased By ▲ 0.16 (1.65%)
TELE 8.81 Increased By ▲ 0.08 (0.92%)
TPL 20.34 Increased By ▲ 0.94 (4.85%)
TPLP 14.97 Increased By ▲ 0.19 (1.29%)
TREET 24.10 Increased By ▲ 0.70 (2.99%)
TRG 62.37 Increased By ▲ 0.96 (1.56%)
Markets

OGDCL discovers oil and gas reserves in Kohat

  • As per details, ODGCL, Mari Petroleum Company Limited, and Saif Energy Limited has made a gas and condensate discovery from its exploratory efforts at Togh Bala Well No. 01.
Published Updated

Oil and Gas Development Company Limited (OGDCL) has discovered new oil and gas reserves in Kohat district of Khyber Pakhtunkhwa.

As per details, ODGCL, Mari Petroleum Company Limited, and Saif Energy Limited has made a gas and condensate discovery from its exploratory efforts at Togh Bala Well No. 01.

According to preliminary results, OGDCL has obtained 9 MMSCFD gas and 125 Barrels Per Day (BPD) of condensate from Togh Bala Well No. 01, while OGDCL has discovered oil and gas in Kohat Block, Khyber Pakhtunkhwa.

The success of Togh Bala Well No. 01 has come about as a result of a brilliant exploration strategy. This new discovery will lead to significant savings in foreign exchange while increasing OGDCL's oil and gas reserves.

It is pertinent to inform that this is the second consecutive discovery in Kohat Block. “The discovery at Togh Bala Well No. 01 is the result of an aggressive exploratory strategy adopted by Kohat JV,” said the company.

Back in July, Pakistan Oilfields Limited (POL), the country’s leading oil and gas exploration and production company discovered oil and gas reserves in Kohat region. Hydrocarbons have been encountered in exploratory well Mamikhel South-01.

Comments

Comments are closed for this article.