OGDC reports gas discovery at Bitrism East-1 well

News Image

MG News | October 01, 2025 at 09:21 AM GMT+05:00

0:00

October 01, 2025 (MLN): Oil & Gas Development Company Limited (PSX: OGDC) has reported a discovery of gas and condensate at the Bitrism East-1 well in District Khairpur, Sindh Province, the Company's filing on PSX reported today. 

The well was spudded on June 30, 2025, and drilled down to a depth of 3,800 meters in Sembar Formation, using OGDCL’s in-house expertise in collaboration with its Joint Venture Partner.

Based on wireline log interpretations, two Drill Stem Tests (DSTs) were carried out in the Lower Goru Formation (Massive and Basal Sands).

The first DST was conducted in Massive Sand while the second DST was conducted in Basal Sand.

In both the DSTs the well produced significant quantities of hydrocarbons with combined production potential of 22.5 MMSCFD gas and 690 barrels of condensate per day (BCD) at 32/64” choke.

This discovery from the Lower Goru Formation (Massive and Basal Sands) marks another success in the Bitrism Exploration License.

It will contribute to reducing the gap between energy supply and demand through indigenous resources and will add to the hydrocarbon reserves base of OGDCL and of the country.

OGDC is the operator of the Bitrism Exploration License with a 95% working interest, along with its joint venture partner Government Holdings (Private) Limited (GHPL) holding 5%. 

Copyright Mettis Link News


Related News

Name Price/Vol %Chg/NChg
KSE100 165,771.75
826.32M
0.17%
278.16
ALLSHR 101,077.18
1,359.42M
0.53%
534.63
KSE30 51,056.80
334.01M
0.14%
69.96
KMI30 246,397.12
183.07M
0.05%
129.66
KMIALLSHR 68,088.20
720.58M
0.61%
413.04
BKTi 45,403.50
181.18M
0.43%
192.74
OGTi 34,403.79
14.90M
1.63%
551.45
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 117,140.00 117,465.00
114,570.00
1955.00
1.70%
BRENT CRUDE 65.49 66.57
65.48
-0.54
-0.82%
RICHARDS BAY COAL MONTHLY 86.50 0.00
0.00
0.10
0.12%
ROTTERDAM COAL MONTHLY 93.00 93.50
93.00
-0.75
-0.80%
USD RBD PALM OLEIN 1,085.00 1,085.00
1,085.00
0.00
0.00%
CRUDE OIL - WTI 61.83 62.89
61.82
-0.54
-0.87%
SUGAR #11 WORLD 16.42 16.63
16.41
-0.18
-1.08%

Chart of the Day


Latest News
October 01, 2025 at 02:23 PM GMT+05:00

Oil prices steady as market weighs OPEC+ output plans


October 01, 2025 at 01:32 PM GMT+05:00

CCP sets out tough conditions for PTCL–Telenor merger


October 01, 2025 at 12:29 PM GMT+05:00

Extreme heat intensifies in world’s cities



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg