PAKISTAN – Oil & Gas
Oil and Gas Development Company Limited (OGDCL) has announced a significant oil and gas discovery at its exploratory well Baragzai X-01 (Slant), located in the Nashpa Block, district Kohat, Khyber Pakhtunkhwa.
According to the company, the exploratory well has successfully tested 2,280 barrels per day (BPD) of oil and 5.6 million standard cubic feet per day (MMSCFD) of gas through a 32/64″ choke at a wellhead flowing pressure of 2,400 psi. This marks the first-ever oil and gas discovery from the Kingriali Formation in the Nashpa Block.
OGDCL operates the Nashpa Exploration License with a 65% working interest, alongside joint venture partners Pakistan Petroleum Limited (PPL) with 30% and Government Holdings (Private) Limited (GHPL) with 5% carried interest.
The Baragzai X-01 (Slant) well was spud-in on December 24, 2024 and drilled to a total depth of 5,170 meters into the Kingriali Formation. The well encountered a 90-meter interval of Triassic-age reservoir, and following promising hydrocarbon indications along with interpretation of open-hole wireline logs, OGDCL conducted a successful cased-hole drill stem test (DST).
OGDCL said the discovery not only de-risks deeper exploration prospects in the region but will also help bridge Pakistan’s energy supply-demand gap by contributing additional indigenous hydrocarbon resources. The company stated that the find will enhance the reserves portfolio of OGDCL, its JV partners, and ultimately the country. – ER News Desk
READ MORE
Hundreds of Suspicious Degrees, Financial Irregularities Uncovered at Gomal University: Report
ACADEMIA Dera Ismail Khan: A major scandal involving alleged fake degrees, financial irregularities and embezzlement…
PKR 7.1 Billion Agri-Storage Financing Facility Launched to Strengthen Pakistan’s Agricultural Infrastructure
A landmark Rs7.1 billion social impact financing facility aimed at strengthening Pakistan’s agricultural storage infrastructure…
Pakistan, World Bank Discuss Human Capital Development, Skills and Healthcare Reforms
Federal Minister for Finance and Revenue, Muhammad Aurangzeb, held a meeting with a high-level delegation…
Over 100 SDOs, XENs Identified as Poor Performers Nationwide, May Face Action
Power Minister Orders Action Against Worst-Performing DISCO Officers; Suspensions Begin in PESCO and SEPCO Islamabad:…
72-kilometre section of N-5 Highway currently under construction to be completed by August 15
Court Orders Probe into Fatal Kotri Kabir Accident During Hearing on Poor Condition of National…
OGDCL Announces Major Oil and Gas Discovery in Sanghar
ENERGY The Oil & Gas Development Company Limited (OGDCL) has announced a significant oil and…

