INP-WealthPk

OGDCL discovers huge reserves of oil, gas in six months

February 07, 2023

The Oil and Gas Development Company Limited (OGDCL) during the last six months made almost six discoveries through joint ventures with other firms, WealthPK reports. The company has discovered in these reserves an accumulative initial tested flow of around 4,407 barrels of oil per day (BOPD) and 10.036 metric million standard cubic feet per day (MMSCFD) gas.

On June 15, 2022, OGDCL announced the discovery of a new gas reservoir in the district Ghotki of Sindh province, according to the data available with WealthPK. The company as an operator, with 70% of the shares, found the deposit at an exploratory well namely Umair South East-1 where drill stem test-1 in Habib Rahi Limestone confirmed 1.063 MMSCFD of gas.

On June 22, the company said it struck the 11th  hydrocarbon discovery at an exploratory well namely Nim East-1, located in the Tando Allah Yar district of Sindh. “The drill stem test-1 in the Basal Sand has confirmed 1,400 BOPD and 5.02 MMSCFD gas,” it added. On June 22, the company also informed the discovery of gas at Kaleri Shum-1 well located in Rajanpur, Punjab. During the initial drill stem test, in Parh and Fortmunro/Mughalkot formations, the well flowed at a rate of 1.24 MMSCFD gas.

On October 27, the OGDCL announced the discovery of 882 BOPD and 0.93 MMCFD gas at the Toot Deep-1 well, located in Attock, Punjab. On December 19, the company shared details of another hydrocarbon discovery it made from a developmental-cum-exploratory well namely Chak-5 Dim South-3, located in Sanghar, Sindh. Drill stem test-1 in the Massive Sand tested 2000 barrels of oil per day and 1.30 million standard cubic feet per day of gas.

On December 22, OGDCL discovered the exploratory well namely Kot Nawab-1, located in Sanghar, Sindh. “Based on the results of wireline logs interpretation, drill stem test-1 in the Basal Sand has found 125 BOPD and 0.483 MMSCFD gas through choke size 28/64 at well head flowing pressure (WHFP) of 150 pounds per square inch (Psi),” it said. OGDCL said the discoveries, which were the result of its aggressive exploration policy, would positively contribute to mitigating energy demand and supply from indigenous resources and would add to the hydrocarbon reserves base of the company and the country.

Credit: Independent News Pakistan-WealthPk