OGDCL Announces Oil and Gas Discovery at Baragzai X-01 Well in Kohat -

PAKISTAN – Energy

Oil and Gas Development Company Limited (OGDCL) has informed the Pakistan Stock Exchange (PSX) that it has made an oil and gas discovery at its exploratory well Baragzai X-01 (Slant), located in District Kohat, Khyber Pakhtunkhwa Province.

OGDCL is the operator of the Nashpa Exploration License with a 65 percent working interest. The joint venture partners include Pakistan Petroleum Limited (PPL) with a 30 percent working interest and Government Holdings (Private) Limited (GHPL) with a 5 percent carried interest.

According to the disclosure, the discovery was made over the Samana Suk and Shinawari formations. During the Cased Hole Drill Stem Test (CHDST-03) conducted in these formations, the well flowed at a rate of 3,100 barrels of oil per day (BOPD) and 8.15 million standard cubic feet per day (MMSCFD) of gas. The flow was achieved through a 32/64-inch choke at a wellhead flowing pressure (WHFP) of 3,010 pounds per square inch gauge (psig).

The Baragzai X-01 (Slant) well was spudded on December 30, 2024, as an exploratory well under the Nashpa Exploration License. The well was drilled to evaluate the hydrocarbon potential of multiple formations, including Lockhart, Hangu, Lumshiwal, Samana Suk, Shinawari, Datta and Kingriali.

The well was successfully drilled to a total depth of 5,170 meters, reaching the Kingriali Formation. Based on wireline log evaluation, two earlier cased-hole drill stem tests were conducted in the Kingriali and Datta formations, both of which also resulted in oil and gas discoveries.

OGDCL stated that the latest discovery is expected to contribute toward reducing the country’s energy supply–demand gap through the utilization of indigenous resources. The discovery will also add to the hydrocarbon reserves base of OGDCL, its joint venture partners, and Pakistan. – ER News Desk

READ MORE