AGL 37.89 Decreased By ▼ -0.26 (-0.68%)
AIRLINK 124.10 Increased By ▲ 2.59 (2.13%)
BOP 5.67 Decreased By ▼ -0.18 (-3.08%)
CNERGY 3.75 No Change ▼ 0.00 (0%)
DCL 8.55 Increased By ▲ 0.15 (1.79%)
DFML 40.48 Decreased By ▼ -0.41 (-1%)
DGKC 87.10 Increased By ▲ 2.50 (2.96%)
FCCL 33.98 Increased By ▲ 1.28 (3.91%)
FFBL 66.01 Increased By ▲ 0.51 (0.78%)
FFL 10.20 Increased By ▲ 0.15 (1.49%)
HUBC 104.45 Increased By ▲ 0.65 (0.63%)
HUMNL 13.45 Increased By ▲ 0.20 (1.51%)
KEL 4.78 Increased By ▲ 0.35 (7.9%)
KOSM 6.84 Decreased By ▼ -0.25 (-3.53%)
MLCF 38.84 Increased By ▲ 1.34 (3.57%)
NBP 60.35 Increased By ▲ 0.10 (0.17%)
OGDC 179.65 Increased By ▲ 7.40 (4.3%)
PAEL 24.97 Increased By ▲ 0.17 (0.69%)
PIBTL 5.71 Increased By ▲ 0.01 (0.18%)
PPL 153.00 Increased By ▲ 11.31 (7.98%)
PRL 22.79 Increased By ▲ 0.07 (0.31%)
PTC 14.91 Increased By ▲ 0.17 (1.15%)
SEARL 66.85 Increased By ▲ 2.29 (3.55%)
TELE 7.01 Decreased By ▼ -0.13 (-1.82%)
TOMCL 35.70 Increased By ▲ 0.20 (0.56%)
TPLP 7.32 Increased By ▲ 0.03 (0.41%)
TREET 13.99 Decreased By ▼ -0.21 (-1.48%)
TRG 50.95 Decreased By ▼ -0.80 (-1.55%)
UNITY 26.40 Decreased By ▼ -0.20 (-0.75%)
WTL 1.23 Increased By ▲ 0.01 (0.82%)
BR100 9,717 Increased By 233.5 (2.46%)
BR30 29,237 Increased By 866.2 (3.05%)
KSE100 90,860 Increased By 1893.1 (2.13%)
KSE30 28,458 Increased By 630.4 (2.27%)

Oil and Gas Development Corporation Limited (OGDCL) has discovered five new discoveries during this last eleven months of this year under its vision to meet energy needs of the country.
The corporation has discovered reserves of hydrocarbons from its appraisal well Nashpa-2 located in District Karak and was drilled down to a depth of 4340 meter to test oil and gas potential for 6 zones.
According to OGDCL here on Sunday, significant reserves of hydrocarbons were found - the first targeted zone i.e. Datta Sandstone was tested and produced 3370 barrels per day of crude oil and 11 mmscfd of gas. The other discovery during the period was a hydrocarbon bearing horizon from its exploratory well Zin X-1 in District Dera Bugti. The structure of well was delineated, drilled and tested utilising indigenous expertise. This well was drilled down to depth of 2300 meter targeting to test the potentials of Pab Sandstone and Sui Main limestone formation.
The corporation also found a gas discovery from its exploratory well Maru South-1 located in district Ghotki. The well was drilled to a depth of 720 meter. A successful drill stem test was carried out, which flowed at a rate of 4.32 MMCFD of gas at 32/64" choke size. The other new found was a gas discovery from its exploratory well Sulaiman-1 located in district Khairpur, Sindh. The well was drilled to a depth of 4575 meter and a successful drill stem test was carried out, which flowed at a rate of 20 MMCFD of gas at 32/64" choke size. It has also drilled exploratory well Zin SML-1 located in district Dera Bugti which was drilled to a depth of 1050 meter. The well is currently under testing.
Meanwhile, when contacted, an official informed about operational highlights during this year and said further two discovery notices of Maru South-1 and Sulaiman-1 have been submitted to DGPC. He said 12 new wells including four exploratory and eight development wells spudded during this year, and added that 20 wells are expected to be spudded soon. The official said during the year, the company recorded a milestone achievement by bringing on stream phase-I of its Kunnar Pasakhi Deep project, from where production has commenced.

Copyright Associated Press of Pakistan, 2012

Copyright Business Recorder, 2012

Comments

Comments are closed.