AIRLINK 143.00 Decreased By ▼ -10.32 (-6.73%)
BOP 9.32 Decreased By ▼ -0.47 (-4.8%)
CNERGY 6.62 Decreased By ▼ -0.47 (-6.63%)
CPHL 75.45 Decreased By ▼ -6.26 (-7.66%)
FCCL 42.83 Decreased By ▼ -1.21 (-2.75%)
FFL 13.87 Decreased By ▼ -0.76 (-5.19%)
FLYNG 36.21 Decreased By ▼ -0.46 (-1.25%)
HUBC 129.85 Decreased By ▼ -3.62 (-2.71%)
HUMNL 12.21 Decreased By ▼ -0.64 (-4.98%)
KEL 4.21 Decreased By ▼ -0.17 (-3.88%)
KOSM 4.99 Decreased By ▼ -0.43 (-7.93%)
MLCF 68.52 Decreased By ▼ -1.68 (-2.39%)
OGDC 197.50 Decreased By ▼ -5.43 (-2.68%)
PACE 4.73 Decreased By ▼ -0.36 (-7.07%)
PAEL 41.25 Decreased By ▼ -1.85 (-4.29%)
PIAHCLA 15.50 Decreased By ▼ -0.97 (-5.89%)
PIBTL 8.16 Decreased By ▼ -0.66 (-7.48%)
POWER 14.00 Decreased By ▼ -0.40 (-2.78%)
PPL 146.60 Decreased By ▼ -5.20 (-3.43%)
PRL 27.70 Decreased By ▼ -1.82 (-6.17%)
PTC 18.94 Decreased By ▼ -1.45 (-7.11%)
SEARL 74.50 Decreased By ▼ -7.01 (-8.6%)
SSGC 33.43 Decreased By ▼ -2.65 (-7.34%)
SYM 13.62 Decreased By ▼ -0.96 (-6.58%)
TELE 6.45 Decreased By ▼ -0.56 (-7.99%)
TPLP 7.79 Decreased By ▼ -0.53 (-6.37%)
TRG 60.82 Decreased By ▼ -3.26 (-5.09%)
WAVESAPP 8.95 Decreased By ▼ -0.69 (-7.16%)
WTL 1.23 Decreased By ▼ -0.10 (-7.52%)
YOUW 3.40 Decreased By ▼ -0.25 (-6.85%)
AIRLINK 143.00 Decreased By ▼ -10.32 (-6.73%)
BOP 9.32 Decreased By ▼ -0.47 (-4.8%)
CNERGY 6.62 Decreased By ▼ -0.47 (-6.63%)
CPHL 75.45 Decreased By ▼ -6.26 (-7.66%)
FCCL 42.83 Decreased By ▼ -1.21 (-2.75%)
FFL 13.87 Decreased By ▼ -0.76 (-5.19%)
FLYNG 36.21 Decreased By ▼ -0.46 (-1.25%)
HUBC 129.85 Decreased By ▼ -3.62 (-2.71%)
HUMNL 12.21 Decreased By ▼ -0.64 (-4.98%)
KEL 4.21 Decreased By ▼ -0.17 (-3.88%)
KOSM 4.99 Decreased By ▼ -0.43 (-7.93%)
MLCF 68.52 Decreased By ▼ -1.68 (-2.39%)
OGDC 197.50 Decreased By ▼ -5.43 (-2.68%)
PACE 4.73 Decreased By ▼ -0.36 (-7.07%)
PAEL 41.25 Decreased By ▼ -1.85 (-4.29%)
PIAHCLA 15.50 Decreased By ▼ -0.97 (-5.89%)
PIBTL 8.16 Decreased By ▼ -0.66 (-7.48%)
POWER 14.00 Decreased By ▼ -0.40 (-2.78%)
PPL 146.60 Decreased By ▼ -5.20 (-3.43%)
PRL 27.70 Decreased By ▼ -1.82 (-6.17%)
PTC 18.94 Decreased By ▼ -1.45 (-7.11%)
SEARL 74.50 Decreased By ▼ -7.01 (-8.6%)
SSGC 33.43 Decreased By ▼ -2.65 (-7.34%)
SYM 13.62 Decreased By ▼ -0.96 (-6.58%)
TELE 6.45 Decreased By ▼ -0.56 (-7.99%)
TPLP 7.79 Decreased By ▼ -0.53 (-6.37%)
TRG 60.82 Decreased By ▼ -3.26 (-5.09%)
WAVESAPP 8.95 Decreased By ▼ -0.69 (-7.16%)
WTL 1.23 Decreased By ▼ -0.10 (-7.52%)
YOUW 3.40 Decreased By ▼ -0.25 (-6.85%)
BR100 11,802 Decreased By -307.8 (-2.54%)
BR30 34,044 Decreased By -1294.9 (-3.66%)
KSE100 110,816 Decreased By -2752.5 (-2.42%)
KSE30 33,872 Decreased By -809 (-2.33%)

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.