OGDCL makes 2nd oil and gas discovery this week
Oil and Gas Development Company Limited (OGDCL) has made another oil and gas discovery this week. It’s a result from its exploratory efforts at the Kot Nawaz-I well drilled in Sinjhoro Block, located in Sanghar District, Sindh.
According to the company’s stock filing at the Pakistan Stock Exchange (PSX), OGDCL is the operator of 76 percent of Sinjhoro Block along with Orient Petroleum Inc. (19 percent) and Government Holdings Private Limited (5 percent) as joint venture partners.
On June 3, 2022, Kot Nawab-I was spudded in as an exploratory well using the knowledge within the organization of OGDCL.
The well had a depth of 3,000 metres. The Drill Stem Test-I in the Basal Sand tested 125 Barrels of Oil Per Day (BOPD), 0.483 Million Standard Cubic Feet Per Day (MMSCFD) of Gas, and 400 Barrels of Water Per Day (BWPD) with a 28/64 inch choke size and 150 Well Head Flowing Pressure (WHFP) of 150 Pounds per Square Inch. Based on the results of the wireline logs interpretation (Psi).
OGDCL makes 2nd oil and gas discovery this week
The latest find at the Sinjhoro Block is the eleventh of its kind. Similar to earlier endeavours, this one is the outcome of OGDCL’s aggressive exploration policy, which was implemented to help close the gap between the country’s domestic energy resources’ supply and demand for energy.
