AGL 38.50 Decreased By ▼ -0.25 (-0.65%)
AIRLINK 136.85 Decreased By ▼ -0.25 (-0.18%)
BOP 5.63 Increased By ▲ 0.26 (4.84%)
CNERGY 3.84 Decreased By ▼ -0.03 (-0.78%)
DCL 7.94 Decreased By ▼ -0.15 (-1.85%)
DFML 45.40 Decreased By ▼ -0.34 (-0.74%)
DGKC 85.05 Increased By ▲ 1.75 (2.1%)
FCCL 31.37 Increased By ▲ 1.10 (3.63%)
FFBL 62.00 Increased By ▲ 4.40 (7.64%)
FFL 9.22 Increased By ▲ 0.08 (0.88%)
HUBC 108.90 Increased By ▲ 2.05 (1.92%)
HUMNL 14.40 Increased By ▲ 0.10 (0.7%)
KEL 4.81 Increased By ▲ 0.13 (2.78%)
KOSM 7.69 Decreased By ▼ -0.29 (-3.63%)
MLCF 38.19 Decreased By ▼ -0.74 (-1.9%)
NBP 67.30 Decreased By ▼ -0.30 (-0.44%)
OGDC 175.10 Increased By ▲ 6.11 (3.62%)
PAEL 25.20 Decreased By ▼ -0.18 (-0.71%)
PIBTL 5.89 Decreased By ▼ -0.05 (-0.84%)
PPL 133.30 Increased By ▲ 2.30 (1.76%)
PRL 24.02 Increased By ▲ 0.26 (1.09%)
PTC 16.61 Increased By ▲ 0.86 (5.46%)
SEARL 67.25 Increased By ▲ 2.50 (3.86%)
TELE 7.52 Increased By ▲ 0.12 (1.62%)
TOMCL 36.20 Increased By ▲ 0.11 (0.3%)
TPLP 7.84 Decreased By ▼ -0.02 (-0.25%)
TREET 14.65 Decreased By ▼ -0.28 (-1.88%)
TRG 49.61 Increased By ▲ 4.36 (9.64%)
UNITY 25.63 Decreased By ▼ -0.20 (-0.77%)
WTL 1.32 Increased By ▲ 0.03 (2.33%)
BR100 9,572 Increased By 224.7 (2.4%)
BR30 28,773 Increased By 660.7 (2.35%)
KSE100 88,981 Increased By 1786.7 (2.05%)
KSE30 28,048 Increased By 651.4 (2.38%)

KARACHI: Oil and Gas Development Company Limited (OGDCL) as operator (100 percent) of Jandran Exploration Licence has discovered gas from its exploratory well Jandran X-04, which is located in District Barkhan, Balochistan.

According to material information sent to Pakistan Stock Exchange on Monday, the structure of Jandran X-04 was delineated, drilled and tested using OGDCL’s in-house expertise.

The well was drilled down to the depth of 1200m into Parh Limestone. Based on Wireline logs data successfully DST was carried out in Mughal Kot Formation wherein the Well tested 7.08 million standard cubic feet per day (mmscfd) gas and 0.55 barrels per day condensate with Well Head Flowing Pressure of 1300 pounds per square inch (Psi) at 32/64” choke size.

The discovery of Jandran X-04 is the result of aggressive exploration strategy adopted by the Company, the OGDCL said adding that it has opened a new avenue and would add to the hydrocarbon reserves of OGDCL and the country.

Copyright Business Recorder, 2021

Comments

Comments are closed.