Monday, March 4, 2024

Oil & Gas Development Company Limited Discovers Hydrocarbon Reserves in Sindh

The recent gas and condensate discovery by the Oil & Gas Development Company Limited (OGDCL) at Dars West Well # 02 in Sindh’s Tando Allahyar District is a significant breakthrough for Pakistan’s energy sector. OGDCL, a pivotal state-owned exploration and production entity, serves as the operator with a commanding 77.5% stake in the Dars West Development and Production Lease (D&PL), while Government Holdings (Private) Limited (GHPL) holds a 22.5% carried interest in the venture.

This successful well, drilled to a depth of 2,081 meters, has yielded promising results—testing at a rate of 8.51 million standard cubic feet per day (mmscfd) of gas and 360 barrels per day (bpd) of condensate from the lower goru formation. These figures underscore the substantial potential and productivity of the discovered reserves.

OGDCL’s aggressive exploration strategy, aimed at unlocking the nation’s hydrocarbon potential, has borne fruit with this find. The discovery not only bolsters OGDCL’s portfolio but also contributes significantly to Pakistan’s energy security by expanding its hydrocarbon reserves. This achievement underscores the company’s commitment to advancing domestic energy production and fulfilling the nation’s growing energy needs through strategic exploration and development initiatives.

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