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Oil and Gas Development Company Limited (OGDCL) said to have discovered gas condensate from one of its exploratory wells in District Sanghar of Sindh province. "The discovery has opened up a new avenue and would add hydrocarbon reserve base of OGDCL, GHPL and of the country," said OGDCL's company secretary Ahmed Hayat Lak in a stock filing.
The new discovery, he said, has been made by the Joint Venture of Bitrism Block, which comprises OGDCL as operator with 95 percent shareholding and Government Holdings (Pvt) Limited (5 percent carried) from Bitrism West 01-A. The structure of Bitrism West Number 01-A was delineated drilled and tested using OGDCL's in house expertise and in close collaboration with GHPL team. The well was drilled down to the depth of 4210 M, said Lak. The well has tested 290 BPD of condensate and 4.3 MMSCFD of gas through 32/64" choke at Well Head Flowing Pressure (WHFP) 970 Psi from Lower Goru (Basal Sand) formation.

Copyright Business Recorder, 2016

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