OGDCL Makes Discovery of Gas & Condensate at Kharo-1 Well

Source: www.gulfoilandgas.com 2/19/2024, Location: Asia

The Oil and Gas Development Company Limited (OGDCL) is honored to announce a significant gas-condensate discovery from its exploration efforts at Kharo-1, a well drilled in the Khewari exploration license area, located in District Khairpur, Sindh Province. OGDCL operates the Khewari Block, holding a 95% working interest, with GHPL (Government Holdings Private Limited) as a joint venture partner holding a 5% working interest.

The execution of drilling and testing operations for the Kharo-1 well structure, undertaken with the proprietary expertise of OGDCL, achieved a depth of 3,762 meters. Subsequent testing procedures registered 14.3 million standard cubic feet per day (MMSCFD) of gas, in addition to 93 barrels per day (bbls/d) of condensate. The results were attained at a 32/64-inch choke size, under a wellhead flowing pressure (WHFP) of 2,737 pounds per square inch (psi), emanating from the Massive sand strata of the Lower Goru Formation.

The discovery at Kharo-1 is a testament to the diligent and strategic exploration approach adopted by the Company. It has the potential to significantly enhance the hydrocarbon reserves of OGDCL and its esteemed joint venture partners, and ultimately contribute to the national energy resources of the Country.

The above information is submitted in compliance of Section 96 of the Securities Act, 2015 and Clause 5.6.1(a) of PSX Regulations, for dissemination amongst your members please.


Brazil >>  2/14/2025 - Petrobras informs that it has confirmed the presence of oil with the drilling of well 9-BUZ-99D-RJS, located in the western region of the Búzios field...
Iraq >>  2/13/2025 - As part of the Ministry of Oil's commitment to maximizing investment in national wealth and promoting sustainable development to support the national ...

Poland >>  2/10/2025 - Nearly a quarter of a billion cubic meters of gas – this is the size of the reserves in the Siedlemin field near the town of Jarocin. The swift commen...
Angola >>  2/7/2025 - Angola’s upstream regulator the National Oil, Gas & Biofuels Agency (ANPG) is offering five marginal fields for exploration in addition to 24 other bl...

Equatorial Guinea >>  2/7/2025 - Equatorial Guinea plans to launch new licensing opportunities in 2025 as part of its efforts to attract investment, boost exploration and ensure long-...
Oman >>  2/7/2025 - Oman’s Ministry of Energy and Minerals (MEM) has launched a new competitive bid round for three oil and gas exploration blocks - Block 36, Block 43A a...




Gulf Oil and Gas
Copyright © 2023 ICT All rights reserved. - Terms of Service - Privacy Policy.