*KARACHI: In a major development on Wednesday, Oil and Gas DevelopmentCompany Ltd (OGDCL) announced that it had discovered oil and gas reservoirin district Sanghar of Sindh province.*
According to OGDCL statement, the oil and gas reservoir was discovered inPandhi area of Sanghar.
“The joint venture of Bitrism Block comprising of Oil and Gas DevelopmentCompany Limited (OGDCL) as operator (95 percent) and Government Holdings(Pvt) Limited (5 Percent carried) has discovered oil and gas from itsexploratory well Pandhi # 01, which is located in district Sanghar, Sindhprovince.”
“The structure of Pandhi # 01 was delineated, drilled and tested usingOGDCL’s in house expertise. The well was drilled down to the depth of 3600meters. The well has tested 9.12 Million Standard Cubic Feet per Day(MMSCFD) of gas and 520 barrels per day of oil through choke at Wellheadflowing pressure of 840 Pounds per square inch (Psi) from Lower Goru (BasalSand) Formation,” reads a statement.
Earlier in May, the Oil and Gas Development Company Ltd (OGDCL) discoveredgas and condensate oil in Tando Muhammad Khan district of Sindh.
In its statement, the OGDCL said the joint venture of Nim Block comprisingOGDCL as operator and Government Holding Private Limited (GHPL) haddiscovered gas and condensate oil from its exploratory cum appraisal well,Mangrio-1, located in district Tando Muhammad Khan, Sindh.”