OGDC confirms successful test at TAL Block well

News Image

MG News | June 27, 2025 at 02:03 PM GMT+05:00

0:00

June 27, 2025 (MLN): Oil & Gas Development Company Limited (PSX: OGDC) has confirmed successful hydrocarbon production testing from the Makori Deep-3 Development Well, located within the TAL Joint Venture (JV) operated by MOL.

OGDCL holds a 27.763% working interest in the development phase of this block, the company's filing on PSX revealed today. 

Drilling operations for the Makori Deep-3 well commenced on December 12, 2024, and reached a total depth of 3,887 meters.

Upon completion, the well yielded 22.08 million standard cubic feet of gas per day (MMSCFD), 2,112 barrels per day of condensate, and 15 barrels per day of formation water.

The test was conducted on a 32/64" fixed choke at a flowing wellhead pressure of 4,744 psi, from the Lockhart Formation.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 159,578.19
333.05M
-1.06%
-1703.58
ALLSHR 96,931.71
859.27M
-1.06%
-1038.66
KSE30 48,368.92
143.32M
-1.28%
-626.04
KMI30 228,555.67
91.55M
-1.25%
-2892.46
KMIALLSHR 63,191.08
415.18M
-1.09%
-697.97
BKTi 44,527.46
36.31M
-1.13%
-510.27
OGTi 30,789.14
8.49M
-0.76%
-236.44
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 103,340.00 103,565.00
99,285.00
2310.00
2.29%
BRENT CRUDE 64.15 64.95
63.90
-0.29
-0.45%
RICHARDS BAY COAL MONTHLY 87.00 87.00
87.00
0.20
0.23%
ROTTERDAM COAL MONTHLY 97.50 97.50
97.40
-0.25
-0.26%
USD RBD PALM OLEIN 1,082.50 1,082.50
1,082.50
0.00
0.00%
CRUDE OIL - WTI 60.21 61.09
60.01
-0.35
-0.58%
SUGAR #11 WORLD 14.26 14.32
14.05
0.04
0.28%

Chart of the Day


Latest News
November 05, 2025 at 04:52 PM GMT+05:00

SBP raises around Rs793bn in PIB Auction


November 05, 2025 at 04:47 PM GMT+05:00

FBR offers free help, extends deadline for manual tax filers


November 05, 2025 at 04:01 PM GMT+05:00

PSX Closing Bell: From Boom to Breather


November 05, 2025 at 04:00 PM GMT+05:00

PKR remains flat against USD



Top 5 things to watch in this week

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