BR100 Decreased By (-0.38%)
BR30 Decreased By (-0.13%)
KSE100 Decreased By (-0.3%)
KSE30 Decreased By (-0.39%)
AGHA 7.71 Decreased By ▼ -0.10 (-1.28%)
BECO 5.17 Decreased By ▼ -0.04 (-0.77%)
BML 57.55 Increased By ▲ 0.05 (0.09%)
BOP 34.33 Increased By ▲ 0.30 (0.88%)
CNERGY 10.01 Increased By ▲ 0.05 (0.5%)
CSIL 5.33 Increased By ▲ 0.02 (0.38%)
FCCL 54.54 Decreased By ▼ -0.16 (-0.29%)
FFL 16.64 Decreased By ▼ -0.05 (-0.3%)
FNEL 1.25 Increased By ▲ 0.02 (1.63%)
KEL 7.29 Decreased By ▼ -0.11 (-1.49%)
KOSM 5.76 Decreased By ▼ -0.01 (-0.17%)
LOTCHEM 29.34 Increased By ▲ 0.02 (0.07%)
MLCF 94.00 Decreased By ▼ -0.36 (-0.38%)
NBP 201.80 Decreased By ▼ -1.25 (-0.62%)
NCPL 57.19 Increased By ▲ 0.19 (0.33%)
NPL 67.85 Increased By ▲ 0.15 (0.22%)
OGDC 316.39 Increased By ▲ 0.55 (0.17%)
PACE 10.65 Increased By ▲ 0.01 (0.09%)
PAEL 42.92 Decreased By ▼ -0.28 (-0.65%)
PIBTL 16.65 Decreased By ▼ -0.09 (-0.54%)
PPL 219.28 Decreased By ▼ -0.50 (-0.23%)
PRL 50.17 Increased By ▲ 0.98 (1.99%)
PTC 70.70 Increased By ▲ 0.17 (0.24%)
SSGC 27.75 Decreased By ▼ -0.50 (-1.77%)
TBL 9.78 Decreased By ▼ -0.08 (-0.81%)
TELE 8.72 Decreased By ▼ -0.07 (-0.8%)
TPL 18.58 Increased By ▲ 0.34 (1.86%)
TPLP 13.60 Increased By ▲ 0.33 (2.49%)
TREET 22.65 Decreased By ▼ -0.07 (-0.31%)
TRG 60.10 Decreased By ▼ -0.04 (-0.07%)

KARACHI: The Oil and Gas Development Company Limited (OGDCL), being the operator of Toot Mining Lease with 100 percent working interest, has made an oil discovery from Lokhart Formation at Toot Deep-1 well, which is located in Attock District, Punjab province. Toot Deep-1 well was spudded in on December 25, 2020 and successfully drilled down to total depth of 5545 meters in Tobra Formation.

Based on the interpretation results of open hole logs data, Lockhart Formation has successfully tested oil at the rate of 882 barrels per day and 0.93 million standard cubic feet per day (MMSCFD) gas at Well Head Flowing Pressure (WHFP) of 600 Pounds per Square Inch (psi) at 32/64 inch choke size.

Copyright Business Recorder, 2022

Comments

Comments are closed for this article.