A significant deposit of petroleum and natural gas has been discovered in Pakistan's territorial waters, which could potentially transform the country's future, according to a report by DawnNewsTV on Friday. A senior security official, familiar with the details of the discovery, disclosed that the ...

ISLAMABAD - Federal Minister for Power and Petroleum, Omar Ayub Khan said that the Petroleum sub-Sector is offering opportunities for oil and gas exploration of around 40 new sites. In a meeting with German Ambassador Bernhard Schlangheck who called on him at his office, he said the Pakistan's ...

ISLAMABAD: The Oil and Gas Development Company (OGDC) announced on Tuesday that it has discovered oil and gas reserves at its Chanda Well-5 in Kohat district of Khyber Pakhtunkhwa. According to a preliminary test, the well could produce 76 Barrel per Day (BPD) crude oil and 0.512 Million Standard ...

ISLAMABAD - Oil and Gas Development Company Limited (OGDCL) has injected eight new wells producing 226,862 bbl crude oil and 3,288 MMCF gas, in its production gathering system during the period under review. Injected wells include Khirun-1, Nandpur-1, Kunnar-12, Nim-1, Loti-5, Pasakhi NE-2 and ...

*ISLAMABAD: *The Oil and Gas Development Company Limited (OGDCL) has injected eight new wells, producing 226,862 barrels crude oil and 3,288 million cubic feet gas, in its production gathering system during the first three quarters of the last fiscal year (FY19). Injected wells include Khirun-1, ...

ISLAMABAD - In a recent notification to Pakistan Stock Exchange (PSX), OGDCL announced that the joint venture of British Block comprising of Oil & Gas Development Company (OGDCL) as the operator (95%) and Govt. Holding (Pvt) Limited (5% as carried) has discovered oil and gas at well Pandhi ...

ISLAMABAD - Exploration and Production (E&P) companies, operating in different potential areas across the country, are working on ambitious targets of drilling 90 wells and achieving production of 33.50 million barrel (mbbl) crude oil and 1.473 trillion cubic feet (tcf) natural gas during the ...

ISLAMABAD: Oil and Gas Development Company (OGDCL) has injected four new oil and gas wells, producing 32,197 barrels crude oil and 555 mmcf gas, in its production gathering system during first quarter of the current fiscal year (FY). “Injected wells include Khirun-1, Nandpur-1, Kunnar-12 ...

ISLAMABAD - Oil and gas Exploration and Production (E&P) companies would drill 90 wells in different areas across the country during current fiscal year. “Under the plan, 50 exploratory and 40 development wells will be drilled in a bid to make the country self-sufficient in the energy ...

*KARACHI: Pakistan Oilfields Limited (POL) has lucratively discovered oil in Khaur, North of Punjab, revealed on Thursday by a notice of Pakistan Stock Exchange (PSX).* According to details, the well is drilled at the depth of 14,586ft in Amb construction which will keep it a moderately trivial ...