AIRLINK 176.82 Decreased By ▼ -0.07 (-0.04%)
BOP 11.09 Decreased By ▼ -0.26 (-2.29%)
CNERGY 7.94 No Change ▼ 0.00 (0%)
FCCL 44.94 Decreased By ▼ -0.47 (-1.04%)
FFL 16.11 Decreased By ▼ -0.21 (-1.29%)
FLYNG 28.28 Increased By ▲ 0.43 (1.54%)
HUBC 141.78 Increased By ▲ 2.80 (2.01%)
HUMNL 13.25 Increased By ▲ 0.05 (0.38%)
KEL 4.43 Increased By ▲ 0.02 (0.45%)
KOSM 6.03 Decreased By ▼ -0.11 (-1.79%)
MLCF 58.45 Decreased By ▼ -0.41 (-0.7%)
OGDC 224.19 Increased By ▲ 6.02 (2.76%)
PACE 5.93 Decreased By ▼ -0.04 (-0.67%)
PAEL 45.90 Increased By ▲ 0.03 (0.07%)
PIAHCLA 18.16 Decreased By ▼ -0.07 (-0.38%)
PIBTL 10.60 Increased By ▲ 0.05 (0.47%)
POWER 11.30 Decreased By ▼ -0.21 (-1.82%)
PPL 185.48 Increased By ▲ 0.98 (0.53%)
PRL 36.91 Decreased By ▼ -0.13 (-0.35%)
PTC 23.69 Decreased By ▼ -0.39 (-1.62%)
SEARL 98.40 Increased By ▲ 0.74 (0.76%)
SILK 1.15 No Change ▼ 0.00 (0%)
SSGC 37.38 Increased By ▲ 0.06 (0.16%)
SYM 15.01 Decreased By ▼ -0.33 (-2.15%)
TELE 7.82 Decreased By ▼ -0.05 (-0.64%)
TPLP 10.96 Decreased By ▼ -0.15 (-1.35%)
TRG 66.14 Decreased By ▼ -4.06 (-5.78%)
WAVESAPP 10.88 Decreased By ▼ -0.22 (-1.98%)
WTL 1.34 Decreased By ▼ -0.04 (-2.9%)
YOUW 3.81 Decreased By ▼ -0.01 (-0.26%)
AIRLINK 176.82 Decreased By ▼ -0.07 (-0.04%)
BOP 11.09 Decreased By ▼ -0.26 (-2.29%)
CNERGY 7.94 No Change ▼ 0.00 (0%)
FCCL 44.94 Decreased By ▼ -0.47 (-1.04%)
FFL 16.11 Decreased By ▼ -0.21 (-1.29%)
FLYNG 28.28 Increased By ▲ 0.43 (1.54%)
HUBC 141.78 Increased By ▲ 2.80 (2.01%)
HUMNL 13.25 Increased By ▲ 0.05 (0.38%)
KEL 4.43 Increased By ▲ 0.02 (0.45%)
KOSM 6.03 Decreased By ▼ -0.11 (-1.79%)
MLCF 58.45 Decreased By ▼ -0.41 (-0.7%)
OGDC 224.19 Increased By ▲ 6.02 (2.76%)
PACE 5.93 Decreased By ▼ -0.04 (-0.67%)
PAEL 45.90 Increased By ▲ 0.03 (0.07%)
PIAHCLA 18.16 Decreased By ▼ -0.07 (-0.38%)
PIBTL 10.60 Increased By ▲ 0.05 (0.47%)
POWER 11.30 Decreased By ▼ -0.21 (-1.82%)
PPL 185.48 Increased By ▲ 0.98 (0.53%)
PRL 36.91 Decreased By ▼ -0.13 (-0.35%)
PTC 23.69 Decreased By ▼ -0.39 (-1.62%)
SEARL 98.40 Increased By ▲ 0.74 (0.76%)
SILK 1.15 No Change ▼ 0.00 (0%)
SSGC 37.38 Increased By ▲ 0.06 (0.16%)
SYM 15.01 Decreased By ▼ -0.33 (-2.15%)
TELE 7.82 Decreased By ▼ -0.05 (-0.64%)
TPLP 10.96 Decreased By ▼ -0.15 (-1.35%)
TRG 66.14 Decreased By ▼ -4.06 (-5.78%)
WAVESAPP 10.88 Decreased By ▼ -0.22 (-1.98%)
WTL 1.34 Decreased By ▼ -0.04 (-2.9%)
YOUW 3.81 Decreased By ▼ -0.01 (-0.26%)
BR100 12,435 Increased By 81.3 (0.66%)
BR30 38,584 Increased By 460.3 (1.21%)
KSE100 116,633 Increased By 193.6 (0.17%)
KSE30 35,822 Increased By 118.6 (0.33%)

ISLAMABAD: The Oil and Gas Development Company Limited (OGDCL), on Tuesday, announced the discovery of gas condensate in the Razgir-1 exploratory well, in the Tal Block, located in Kohat, Khyber Pakhtunkhwa.

The Razgir-1 exploratory well was spudded-in on January 9, 2024, and has been successfully drilled down to a depth of 3,774 meters True Vertical Depth (TVD).

Based on the interpretation results of wireline logs data, the Kawagarh-1 formation (Exploratory Target) was tested successfully at a rate of around 16.4 Million Standard Cubic Feet per Day (MMSCFD) of gas and 159 Barrels per Day (BPD) of condensate.

This was achieved at a choke size of 40/64" and a Wellhead Flowing Pressure (WHFP) of 1874 Pounds per Square Inch (Psi).

This significant discovery in the Tal Block de-risked further exploration play in the area, leading to new upside opportunities.

The newfound hydrocarbon reserves will play a crucial role in enhancing the indigenous supply of hydrocarbons, thereby contributing to the country's energy security. The OGDCL is committed to exploring and developing the country's hydrocarbon resources efficiently.

Copyright Business Recorder, 2024

Comments

Comments are closed.