Established in 1961, Oil and Gas Development Company Limited (OGDCL) has remained at the forefront of Pakistan’s energy sector. Over the decades, the company has transformed into a publicly listed giant on the Karachi and London stock exchanges and today stands as the country’s largest company by market capitalisation, with repeated inclusion in the Forbes Global 2000.
Initially, the company was listed as OGDC, tasked with undertaking a systematic exploratory program and promoting Pakistan’s oil and gas prospects. It was restructured as a Public Limited Company in 1997, becoming OGDCL.
Strategically entrenched across Sindh, Punjab, Khyber Pakhtunkhwa, and Balochistan, OGDCL holds more than 40 percent of the country’s awarded hydrocarbon acreage and operates 50 oil and gas fields with 18 processing facilities. Its daily crude production has surged toward 50,000 barrels per day—a milestone reflecting recent technological upgrades such as electrical submersible pumps and enhanced production interventions.
Under forward-looking leadership, the company is aggressively steering growth—both horizontal and vertical. On the domestic front, it projects gas output to rise from roughly 800 million cubic feet to 1 billion cubic feet per day in the next three years.
On the international front, OGDCL is advancing in the Offshore Block-5 in Abu Dhabi as part of the Pakistan International Oil Limited (PIOL) consortium. This landmark venture represents the first opportunity for Pakistani E&P firms to explore oil and gas resources alongside ADNOC, with production expected to commence by 2027.
The energy to Operate was the force that has powered OGDCL’s journey for decades. For 65 years, OGDCL has operated with resilience and responsibility, building a legacy that has powered the nation and strengthened communities. Today, as it stands at the cusp of transformation, the company is poised to begin a new journey — one that will carry forward its tradition of operational excellence while embracing innovation and sustainability.
As OGDCL enters this defining phase, more than just statistics fuel the story—it is one of resilience, diversification, and adaptation. From its beginnings to a commanding role in Pakistan’s energy and emerging mining sectors, the company is embracing a broader role, one defined by continuity, innovation, and national significance.
