
Oil & Gas Development Company Limited (OGDCL) has commenced commercial oil production from its Bobi Deep-1 well in Sindh, marking another milestone in the company’s efforts to enhance domestic hydrocarbon output and strengthen Pakistan’s energy security.
In a notice to the Pakistan Stock Exchange (PSX), the company said the development follows its announcement on June 3, 2026, regarding the oil discovery at Bobi Deep-1 from the Massive Sand of the Lower Goru Formation.
Located in the Bobi and Dhamraki Mining Lease in Sanghar District, the Bobi Deep-1 well is currently producing 2,000 barrels of oil per day (BOPD).
To accelerate the commercialization of the discovery, OGDCL completed the installation of a 4-inch, 1.5-kilometre flowline connecting the well to the Bobi Plant within a short period, enabling early production from the newly discovered reservoir.
OGDCL, which operates the Bobi and Dhamraki Mining Lease with a 100 percent working interest, said the achievement demonstrates its capability to rapidly monetize hydrocarbon discoveries using indigenous technical expertise and operational resources.
The company noted that the start of production from Bobi Deep-1 will contribute to increasing domestic oil supplies, reducing Pakistan’s dependence on imported crude oil, and supporting the country’s energy needs.
OGDCL is Pakistan’s largest exploration and production company, with a diversified portfolio of oil and gas assets across the country. The state-owned firm plays a pivotal role in meeting Pakistan’s energy requirements through exploration, development, and production of hydrocarbon resources.-ER News Desk
READ MORE
Anonymous Device Signals Could Become New Police Tracking Tool
Security technology company Leonardo has developed SignalTrace, a surveillance system designed to work alongside automatic…
Spotify to Label AI-Generated Artist Profiles for Greater Transparency
Spotify Technology SA is introducing a new “AI Personas” label to identify artist profiles created…
10Pearls, Novacare Partner to Advance Digital Healthcare Infrastructure
10Pearls has entered into a strategic technology partnership with Novacare to support the development of…
Nvidia Taps Global Financial Giants for $500bn AI Infrastructure Push
Nvidia has partnered with six major financial institutions to launch compute financing platforms aimed at…
Shark surveillance robot to monitor great whites off California beaches
Researchers at California State University, Long Beach are testing a semi-autonomous robotic craft designed to…
China sees business exits in clean energy sectors as tech startups surge
China recorded an orderly exit of companies from the new energy vehicle, photovoltaic and lithium…
