Recently, OGDCL (Oil and Gas Development Company Ltd) confirmed the investors that it had discovered oil and gas in an investigative well known Chak-5 Dim South-3 in Sindh’s Sanghar district.
However in a regulatory index, the firm stated on 26 June the drilling operations at the exploratory well had begun using OGDCL’s in-house expertise.
3,400 metres of depth the well was drilled down.
“Based on the results of wireline logs interpretation, Drill Stem Test-1 in the massive sand has tested 2000 barrels of oil per day (bpd) & 1.30 million standard cubic feet per day (mmscfd) gas through choke size 32/64 inches at wellhead flowing pressure (whfp) of 994 pounds per square inch (Psi),” it stated in the filing.
The OGDCL has 100% stake in the well as operator, as per the filing.
The company said the discovery had opened a “new avenue and will positively contribute to mitigating energy demand and supply gaps from indigenous resources and will add to the hydrocarbon reserves base of OGDCL and the country”.