AIRLINK 73.00 Decreased By ▼ -2.16 (-2.87%)
BOP 5.35 Decreased By ▼ -0.10 (-1.83%)
CNERGY 4.31 Decreased By ▼ -0.08 (-1.82%)
DFML 28.55 Increased By ▲ 0.91 (3.29%)
DGKC 74.29 Increased By ▲ 2.29 (3.18%)
FCCL 20.35 Increased By ▲ 0.06 (0.3%)
FFBL 30.90 Decreased By ▼ -0.15 (-0.48%)
FFL 10.06 Increased By ▲ 0.09 (0.9%)
GGL 10.39 Increased By ▲ 0.12 (1.17%)
HBL 115.97 Increased By ▲ 0.97 (0.84%)
HUBC 132.20 Increased By ▲ 0.75 (0.57%)
HUMNL 6.68 Decreased By ▼ -0.19 (-2.77%)
KEL 4.03 Decreased By ▼ -0.17 (-4.05%)
KOSM 4.60 Decreased By ▼ -0.17 (-3.56%)
MLCF 38.54 Increased By ▲ 1.46 (3.94%)
OGDC 133.85 Decreased By ▼ -1.60 (-1.18%)
PAEL 23.83 Increased By ▲ 0.43 (1.84%)
PIAA 27.13 Decreased By ▼ -0.18 (-0.66%)
PIBTL 6.76 Increased By ▲ 0.16 (2.42%)
PPL 112.80 Decreased By ▼ -0.36 (-0.32%)
PRL 28.16 Decreased By ▼ -0.59 (-2.05%)
PTC 14.89 Decreased By ▼ -0.61 (-3.94%)
SEARL 56.42 Decreased By ▼ -0.91 (-1.59%)
SNGP 65.80 Decreased By ▼ -1.19 (-1.78%)
SSGC 11.01 Decreased By ▼ -0.16 (-1.43%)
TELE 9.02 Decreased By ▼ -0.12 (-1.31%)
TPLP 11.90 Decreased By ▼ -0.15 (-1.24%)
TRG 69.10 Decreased By ▼ -1.29 (-1.83%)
UNITY 23.71 Increased By ▲ 0.06 (0.25%)
WTL 1.33 Decreased By ▼ -0.01 (-0.75%)
BR100 7,434 Decreased By -20.9 (-0.28%)
BR30 24,206 Decreased By -44.4 (-0.18%)
KSE100 71,359 Decreased By -74.1 (-0.1%)
KSE30 23,567 Increased By 0.5 (0%)

The Oil and Gas Development Company Limited (OGDCL) on Wednesday announced a gas discovery from an exploratory well located in Ghotki, Sindh.

In a notice sent to the Pakistan Stock Exchange (PSX), the company stated: “The joint venture (JV) of Guddu Block comprising Oil & Gas Development Company Limited (OGDCL) as operator (70%), SPUD Energy PTY Limited (SEPL) (13.5%), IPR Transoil Corporation (IPRTOC) (11.5%) and Government Holdings (Private) Limited (GHPL) (5%) has discovered Gas from an Exploratory well namely Umair South East # 01, which is located in District Ghotki, Sindh.”

OGDCL stated that the Umair South East # 01 well was spudded on May 9, 2022 as an exploratory well to test the hydrocarbon potential of Pirkoh Formation and Habib Rahi Limestone (HRL) to a planned depth of 785m into HRL.

Hydrocarbon discovered in Bannu West Block, KP

“Based on the results of wireline logs interpretation, successful Drill Stem Test-1 in HRL has tested 1.063 million standard cubic feet per day (mmscfd) gas through choke size 32/64" at Well Head Flowing Pressure (WHFP) of 210 Pounds per Square Inch (PSi).”

The Pakistani oil and gas company said that the discovery of Umair South East-1 is the result of an aggressive exploration strategy adopted by Guddu Joint Venture Partners.

“It has opened a new avenue and will positively contribute in mitigating energy demand and supply gap from indigenous resources and will add to the hydrocarbon reserves base of OGDCL and of the country,” it said.

The development comes at a good time for Pakistan that has seen massive power load-shedding and been crippled by gas shortage recently.

Earlier this month, Mari Petroleum Company Limited (MPCL) also made a gas/condensate discovery at Bannu West-1 ST-1 Exploration Well drilled in Bannu West Block, located in North Waziristan, Khyber Pakhtunkhwa.

Comments

Comments are closed.

Kamran Choudhri Jun 16, 2022 07:25am
Mubbarak
thumb_up Recommended (0)
Amjad Jun 16, 2022 10:40am
OGDCl Goddu block in Sindh is a small discovery which is located in Reti and Maru E & P .
thumb_up Recommended (0)
Kashif Jun 16, 2022 11:31am
Need a job
thumb_up Recommended (0)
M.zafar khan Jun 16, 2022 06:26pm
Allha pak Pakistan ko or tarakee day ameen.
thumb_up Recommended (0)
Akhunzada Jun 17, 2022 12:00pm
پھر بھی نا گیس سستی ہونی ہے۔اور نہ ہر وقت دستیاب ہوگی۔
thumb_up Recommended (0)
It's Good sign, we see in Future Experience who get OGDCL Growup Jun 17, 2022 02:32pm
Hello sir , my comments & my wish is Also OGDCL company Team , It's Good sign, we see in Future Experience who get OGDCL Growup , I need Job I have experience & I can do it
thumb_up Recommended (0)
It's Good sign, we see in Future Experience who get OGDCL Growup Jun 17, 2022 02:33pm
It's Good sign, we see in Future Experience who get OGDCL Growup
thumb_up Recommended (0)