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Markets

OGDCL discovers gas reserves in Rahim Yar Khan, Punjab

Published September 19, 2023 Updated September 19, 2023 07:59pm

Oil & Gas Development Company Limited (OGDCL), the country’s largest hydrocarbon exploration firm, has discovered gas at the Chak 214-1 exploratory well located in Rahim Yar Khan, Punjab.

The exploration & production firm announced the development in a notice to the Pakistan Stock Exchange (PSX) on Tuesday.

“OGDCL, being operator of Mari East Block (100%), has discovered gas at the Chak 214-1 exploratory well situated in the District Rahim Yar Khan, Punjab province,” read the notice.

The company shared that Chak 214-1 well was spudded on 29th June 2023, utilising OGDCL’s in-house expertise.

“The well reached a depth of 1,851 meters. Based on wireline log interpretations, Drill Stem Test- 1 conducted in the Dunghan Formation demonstrated a yield of 1.1 million standard cubic feet per day (mmscfd) of gas with a choke size of 32/64” and a Well Head Flowing Pressure (WHFP) of 230 Pounds per Square Inch (PSI). Furthermore, Drill Stem Test-2 in the Sui Main Limestone (SML) yielded 1.31 MMSCFD of gas at the same choke size and a WHFP of 260 PSI,“ read the notice.

“This discovery marks the first in the Mari East Block and is a testament to the company’s commitment to harnessing the hydrocarbon potential of the Block through aggressive exploration strategies,” added the government.

Days ago, OGDCL saw a significant increase in oil and gas production from its Nashpa Well-10, located in Khyber Pakhtunkhwa.

“The enhanced production from the well commenced on September 12, 2023,’’ said OGDCL back then. “Consequently, the cumulative production from the well now stands at 1340 bpd of oil.”

The E&P also said then that the gas is being injected into the Sui Northern Gas Pipeline Limited (SNGPL) network.

Comments

Comments are closed for this article.

Tulukan Mairandi Sep 19, 2023 02:56pm
Some tiny reservoir
0
Damnshot Sep 19, 2023 04:46pm
Tulukan Mairandi takes a tiny thing on this backside.
0
Mubashir Munir Sep 19, 2023 07:10pm
Good work,May Allah bless you more discoveries and make Pakistan self sufficient Aameen
0
Ahmar Sep 20, 2023 05:11pm
Pakistan ko mila gi ya nhi
0
Ashir adnan Sep 21, 2023 01:04pm
I need a job sir
0