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 157,496.10
196.19M
-2.30%
-3714.58
ALLSHR 94,227.01
359.74M
-1.95%
-1870.28
KSE30 48,330.20
95.67M
-2.92%
-1451.54
KMI30 224,687.33
101.59M
-2.56%
-5909.78
KMIALLSHR 60,839.09
199.88M
-2.16%
-1344.18
BKTi 45,489.96
23.93M
-2.22%
-1033.26
OGTi 32,083.47
15.22M
-1.82%
-594.75
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 68,400.00 71,645.00
67,860.00
-3130.00
-4.38%
BRENT CRUDE 93.32 94.64
83.16
7.91
9.26%
RICHARDS BAY COAL MONTHLY 99.40 0.00
0.00
-11.85
-10.65%
ROTTERDAM COAL MONTHLY 127.00 129.00
123.00
3.55
2.88%
USD RBD PALM OLEIN 1,083.50 1,083.50
1,083.50
0.00
0.00%
CRUDE OIL - WTI 91.27 92.61
78.24
10.26
12.67%
SUGAR #11 WORLD 14.09 14.17
13.69
0.37
2.70%

Chart of the Day


Latest News
March 07, 2026 at 09:35 PM GMT+05:00

KPK implements immediate fuel conservation measures


March 07, 2026 at 09:22 PM GMT+05:00

Govt links fuel price adjustments to global oil surge


March 07, 2026 at 09:22 PM GMT+05:00

Govt implements new petroleum, climate support levies


March 07, 2026 at 05:31 PM GMT+05:00

Third-party motor insurance now compulsory in Sindh



Top 5 things to watch in this week

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