BAFL 53.19 Increased By ▲ 3.16 (6.32%)
BIPL 22.90 Increased By ▲ 0.49 (2.19%)
BOP 5.67 Increased By ▲ 0.25 (4.61%)
CNERGY 5.12 Increased By ▲ 0.07 (1.39%)
DFML 19.35 Increased By ▲ 0.17 (0.89%)
DGKC 80.54 Increased By ▲ 0.39 (0.49%)
FABL 33.11 Increased By ▲ 0.26 (0.79%)
FCCL 20.25 No Change ▼ 0.00 (0%)
FFL 10.48 Increased By ▲ 0.83 (8.6%)
GGL 13.61 Increased By ▲ 0.01 (0.07%)
HBL 129.52 Increased By ▲ 8.18 (6.74%)
HUBC 123.38 Increased By ▲ 0.88 (0.72%)
HUMNL 8.04 Increased By ▲ 0.04 (0.5%)
KEL 4.43 Increased By ▲ 0.46 (11.59%)
LOTCHEM 28.01 Decreased By ▼ -0.07 (-0.25%)
MLCF 42.71 Increased By ▲ 0.51 (1.21%)
OGDC 125.38 Increased By ▲ 4.05 (3.34%)
PAEL 21.33 Increased By ▲ 1.10 (5.44%)
PIBTL 6.11 Increased By ▲ 0.31 (5.34%)
PIOC 118.47 Increased By ▲ 2.57 (2.22%)
PPL 113.85 Increased By ▲ 3.10 (2.8%)
PRL 31.80 Increased By ▲ 2.22 (7.51%)
SILK 1.10 Increased By ▲ 0.02 (1.85%)
SNGP 69.44 Increased By ▲ 0.41 (0.59%)
SSGC 13.76 Increased By ▲ 0.06 (0.44%)
TELE 9.16 Increased By ▲ 0.41 (4.69%)
TPLP 14.79 Increased By ▲ 0.12 (0.82%)
TRG 92.45 Increased By ▲ 1.15 (1.26%)
UNITY 27.47 Increased By ▲ 0.22 (0.81%)
WTL 1.67 Increased By ▲ 0.04 (2.45%)
BR100 6,815 Increased By 167.1 (2.51%)
BR30 24,245 Increased By 677 (2.87%)
KSE100 66,224 Increased By 1505.6 (2.33%)
KSE30 22,123 Increased By 529.1 (2.45%)

Gas reserves have been discovered in Tolanj West-02, a development well in Tal block located in Kohat Plateau, Khyber Pakhtunkhwa, said Oil & Gas Development Company Limited (OGDCL) in a notice sent on Monday to the Pakistan Stock Exchange (PSX).

The Tal joint venture comprising MOL Pakistan (operator), OGDCL, Pakistan Petroleum Limited (PPL), Pakistan Oilfields Limited (POL) and Government Holdings Private Limited (GHPL) discovered gas condensate from Lockhart formation in Tolanj West-2.

“The well was spudded in on April 10, 2022, to produce hydrocarbon from the already discovered horizon of Tolanj West D&PL i.e. Lumshiwal Formation and to test hydrocarbon potential of Lockhart & Shinawari & Samanasuk Formations (as exploratory targets),” read the notice.

OGDCL shared that the well has been successfully drilled down to a depth of 4119.34 metres.

Meanwhile, based on interpretation results of wireline logs data, “the Lockhart Formation (exploratory target) was tested successfully at rate of around 8.3 million standard cubic feet per day (MMSCFD) gas and 34 barrels per day (bpd) of condensate at choke size 32/64" at Wellhead Flowing Pressure (WHFP) of 1285 Pounds per Square Inch (Psi).”

OGDCL said that the new discovery has de-risked an exploration play in Tal block, leading to new upside opportunities.

The said development, which comes after a similar discovery of hydrocarbons was made in Tal block in August, “will also help contribute towards improving the energy security of the country from indigenous resources and add to the hydrocarbon reserves base of the company, its joint venture partners and the country,” read the notice.

Back in June, OGDCL announced discovery of oil and gas reserves from its exploratory wells located in Sindh and Punjab.

The discoveries were made in Rajanpur, a tribal area in Punjab, as well as district Tando Allah Yar, Sindh, announced the company then.


Comments are closed.

bangash Sep 19, 2022 07:40pm
its not benifeting our earea .i m from this area. it pulluted our area and benifet punjab
thumb_up Recommended (0)
Anonymous Sep 19, 2022 08:35pm
@bangash , how come? It is a semi govt organization and comes under the ministry of energy that is part of the Federal Government. How is it benefitting punjab? As far as pollution is concerned... It might be true but your statement of it benefitting punjab is just stupid and shows your lack of basic know-how of how things work in Pakistan. Totally ridiculous
thumb_up Recommended (0)
@PK Sep 20, 2022 08:23am
If it is polluting area then u should say to stop all over the vehicles and factories running in County as they also polluting county. Come on every company follow HSE standards.
thumb_up Recommended (0)
Unknown Sep 20, 2022 09:12am
@Anonymous, But u ignorant cant deny these two provinces have always been denied of their rights in the past. Dont indulge peoples in complications. His statement is ligitimate that his area deserve to be benefited
thumb_up Recommended (0)
Iqbal Hussain Sep 20, 2022 03:52pm
Dear sir/Mam I am an experienced chemical engineer Ready for immediate joining. For more details please have a look at the enclosed resume.
thumb_up Recommended (0)

OGDC says gas reserves discovered in Khyber Pakhtunkhwa

$100 billion export vision: Pakistan eyes to reduce trade deficit with China

Nawaz stresses on improving relations with India, other neigbours

Primary auction for GDS will also be held on PSX

Sukuk receives Rs479bn participation against Rs30bn target

Q1: Provinces’ budget surplus dips 76pc YoY

Gold price per tola falls Rs3,000 in Pakistan

Sarah Inam murder case: Verdict to be announced on December 14

Debt servicing: CPHGCL urges CPPA-G to make Rs25.4bn payment

OPEC members push against including fossil fuels phase-out in COP28 deal

Sydney bakes in hottest day in three years