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
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…

