In another positive development in Pakistan’s energy sector, the Oil and Gas Development Company Limited (OGDCL) has reported a major discovery of oil and gas reserves in the Khairpur district of Sindh.
In an official statement, the company revealed that initial estimates indicate a daily production capacity of 690 barrels of crude oil and 22.5 million standard cubic feet of gas (MMSCFD) from the newly drilled well.
The discovery was made at the Bitrism East-1 site, operated by OGDCL under the Bitrism Exploration License, where it holds a 95% working interest.
Also read: Huge new oil and gas reserves discovered in Khyber Pakhtunkhwa
The remaining 5% is held by Government Holdings (Private) Limited (GHPL) as part of a joint venture.
According to the statement, two Drill Stem Tests (DSTs) conducted at the well yielded promising results, with a combined output of 22.5 MMSCFD of gas and 690 barrels of condensate per day on a 32/64″ choke.
OGDCL believes that this find will play a vital role in narrowing the energy supply-demand gap by tapping into local resources. It will also enhance the company’s—and the country’s—hydrocarbon reserves base.
