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Business & Finance OGDC (Oil & Gas Development Company Limited) 134.15 Decreased By ▼ -2.16%

ODGCL discovers gas reserves in Balochistan

  • OGDCL said that the discovery of Jandran X-04 is the result of aggressive exploration strategy adopted by the company.
Published May 17, 2021

The Oil and Gas Development Company Limited (OGDCL) on Monday announced the discovery of gas and condensate reserves in Balochistan province.

“OGDCL as operator (100 percent) of Jandran Exploration Licence has discovered gas from its exploratory well Jandran X-04, which is located in district Barkhan, Balochistan province,” informed OGDCL, Pakistan’s leading oil and gas exploratory firm in a statement to the bourse.

“The structure of Jandran X-04 was delineated drilled and tested using OGDCL in-house expertise. The well was drilled down to the depth of 1200m into Parh Limestone. Based on Wireline logs data, successful DST was carried out in Mughal Kot Formation wherein the well tested 7.08 million standard cubic feet per day (mmscfd0 gas and 0.55 Barrels Per Day (BPD) condensate with Wellhead Flowing Pressure (WHFP) of 1300 Pounds per square inch (Psi) at 32/64 inch choke size.

OGDCL said that the discovery of Jandran X-04 is the result of an aggressive exploration strategy adopted by the company. It has opened a new avenue and would add to the hydrocarbon reserves of OGDCL and the country.

Comments

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Amjad yazdanie May 17, 2021 05:02pm
Jandran is a old field discovered in 1975, 1994 and now in 2021. Is it a commercial discovery or will sit as a it is in papers. If it is a bid discovery than what are its development options as the previous discoveries were of no use as far its commercialization was concerned. The gas infrastructure is almost 200 Kms away and is uneconomical to lay a pipeline for 20 MMCFD gas available for 8-10 years.
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