AGL 6.45 Decreased By ▼ -0.05 (-0.77%)
ANL 9.50 Decreased By ▼ -0.20 (-2.06%)
AVN 74.95 Decreased By ▼ -0.88 (-1.16%)
BOP 5.35 Increased By ▲ 0.03 (0.56%)
CNERGY 4.80 Decreased By ▼ -0.05 (-1.03%)
EFERT 78.00 Increased By ▲ 0.51 (0.66%)
EPCL 54.15 Decreased By ▼ -1.06 (-1.92%)
FCCL 15.00 Decreased By ▼ -0.25 (-1.64%)
FFL 6.20 Decreased By ▼ -0.10 (-1.59%)
FLYNG 7.01 Increased By ▲ 0.16 (2.34%)
GGGL 10.05 Decreased By ▼ -0.12 (-1.18%)
GGL 15.94 Decreased By ▼ -0.37 (-2.27%)
GTECH 7.85 Increased By ▲ 0.41 (5.51%)
HUMNL 6.27 Decreased By ▼ -0.06 (-0.95%)
KEL 2.83 Decreased By ▼ -0.14 (-4.71%)
LOTCHEM 27.65 Decreased By ▼ -0.65 (-2.3%)
MLCF 27.00 Decreased By ▼ -0.56 (-2.03%)
OGDC 73.35 Decreased By ▼ -0.65 (-0.88%)
PAEL 15.30 Decreased By ▼ -0.29 (-1.86%)
PIBTL 5.15 Decreased By ▼ -0.10 (-1.9%)
PRL 16.10 Decreased By ▼ -0.48 (-2.9%)
SILK 1.04 Decreased By ▼ -0.02 (-1.89%)
TELE 10.45 Decreased By ▼ -0.20 (-1.88%)
TPL 7.69 Decreased By ▼ -0.19 (-2.41%)
TPLP 19.22 Decreased By ▼ -0.48 (-2.44%)
TREET 22.75 Decreased By ▼ -0.25 (-1.09%)
TRG 115.90 Decreased By ▼ -4.20 (-3.5%)
UNITY 21.80 Decreased By ▼ -0.34 (-1.54%)
WAVES 11.15 Decreased By ▼ -0.05 (-0.45%)
WTL 1.12 Decreased By ▼ -0.03 (-2.61%)
BR100 4,039 Decreased By -56.1 (-1.37%)
BR30 14,984 Decreased By -242.5 (-1.59%)
KSE100 40,620 Decreased By -307.7 (-0.75%)
KSE30 15,213 Decreased By -142.6 (-0.93%)
Pakistan

Hydrocarbon reserves discovered at Sindh’s Ranipur Block

OGDCL has discovered gas and condensate in exploratory well Metlo # 01, which is located in District Khairpur, Sind
Published January 25, 2020
Follow us
  • OGDCL has discovered gas and condensate in exploratory well Metlo # 01, which is located in District Khairpur, Sindh.
  • Latest discovery will add to the hydrocarbon reserves of Pakistan and will contribute in reducing the gap between demand and supply of oil and gas in the country.

The Oil and Gas Development Company Limited (OGDCL) has announced the discovery of gas and condensate at Ranipur Block, in Sindh.

“The joint venture of Ranipur block comprising Oil and Gas Development Company Limited (OGDCL) as operator (95 percent), Government Holdings (Private) Limited (GHPL) (2.5pc) and Sindh Energy Holding Company (Private) Limited (SEHCL) (2.5pc) has discovered gas and condensate in the exploratory well Metlo # 01, which is located in District Khairpur, Sindh Province,” announced OGDCL on its filing to the Pakistan Stock Exchange (PSX).

The company informed that Metlo-1 was spud on Novemeber 17, 2019 and reached a depth of 1504 metres inside Upper Goru Formation. Based on wireline logs, Drill Stem Test (DST) was conducted in Ranikot Formation and Sui Main Limestone.

OGDCL said that the well has tested “1.85 million cubic feet per day of gas, six barrels per day of condensate and 38 barrels per day of water through 32/64 inch choke at well head flowing pressure of 285 Pounds Per Square Inch (Psi) from Lower Ranikot Formation.”

The latest discovery will add to the hydrocarbon reserves of OGDCL, GPHL and SEHCL and of the country, and will contribute in reducing the gap between demand and supply of oil and gas in the country, added the company.

Comments

Comments are closed.