OGDCL discovers gas in Balochistan

By MG News | May 17, 2021 at 11:42 AM GMT+05:00

0:00

May 17, 2021 (MLN): Oil and Gas Development Company Limited (OGDCL) as an operator (100%) of Jandran Exploration Licence has discovered gas from its exploratory well Jandran X-04, which is located in District Barkhan, Balochistan Province.

According to the notice issued to Exchange, the structure of Jandran X-04 was delineated, drilled and tested using OGDCL's in house expertise. The well was drilled down to the depth of 1200m into Parh Limestone. Based on Wireline logs data, successfully DST was carried out in Mughal Kot Formation wherein the Well tested 7.08 Million Standard Cubic Feet Per Day (MMSCFD) gas and 0.55 Barrels Per Day (BPD) condensate with Well Head Flowing Pressure (WHFP) of 1300 Pounds Per Square Inch (Psi) at 32/64" choke size.

The discovery of Jandran X-04 is the result of an aggressive exploration strategy adopted by the Company. It has opened a new avenue and would add to the hydrocarbon reserves of OGDCL and the country, the notice said.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	130,686.66 280.01M	0.26% 342.63
ALLSHR	81,305.25 897.01M	0.35% 281.26
KSE30	39,945.45 114.02M	0.09% 37.19
KMI30	190,698.05 148.61M	0.61% 1163.05
KMIALLSHR	55,074.15 495.43M	0.53% 290.50
BKTi	34,568.40 28.73M	-1.07% -372.33
OGTi	28,739.35 22.59M	1.57% 443.29

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	110,525.00	111,220.00 109,200.00	240.00 0.22%
BRENT CRUDE	68.61	69.14 68.32	-0.50 -0.72%
RICHARDS BAY COAL MONTHLY	97.50	0.00 0.00	-0.75 -0.76%
ROTTERDAM COAL MONTHLY	108.45	109.80 108.45	-0.55 -0.50%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	66.85	67.58 66.53	-0.60 -0.89%
SUGAR #11 WORLD	16.34	16.35 15.44	0.76 4.88%