OGDCL moves to connect its new Sindh gas discovery to the national system

Oil and Gas Development Company Limited (PSX: OGDC), known as OGDCL, announced a gas and condensate discovery in Khairpur, Sindh, on Wednesday, 11 November 2026. The company said its Bitrisim Northwest-1 exploratory well yielded gas and condensate during testing.

The discovery is in the Basal Sands of the Lower Goru Formation within the Bitrisim Exploration License. OGDCL said it is fast-tracking the work needed to connect the well to the national gas gathering system so it can begin generating value from the find.

From discovery to commercial use

In plain terms, the announcement covers a discovery demonstrated through well testing, with a connection to the gas gathering system now being pursued. That makes the connection work the next practical step in OGDCL's stated effort to turn the find into a source of revenue.

OGDCL operates the exploration licence and holds most of its working interest, with Government Holdings (Private) Limited holding the remainder. That suggests OGDCL has the main commercial interest in developing the discovery as well as responsibility for operating it.

The company says the discovery will add to its hydrocarbon reserves base. It also says the use of domestic resources will support Pakistan's energy security by helping bridge the gap between energy demand and supply.

OGDCL on the market

The chart below tracks OGDCL's share price over the displayed period. It places the company's market price alongside the discovery announcement.

About OGDCL

Oil and Gas Development Company Limited (PSX: OGDC) is listed on the Pakistan Stock Exchange in the Oil & Gas Exploration Companies sector and is a member of the KSE-100 and KSE-30 indices.

Source: “Gas/condensate Discovery At Bitrisim Northwest-1 Exploratory Well, District Khairpur, Sindh”, filed with the Pakistan Stock Exchange on Wednesday, 11 November 2026.