Corporate Aelrt: OGDCL reports discovery of Gas at Well Bhambhra 01

News Image

MG News | August 04, 2017 at 01:12 PM GMT+05:00

0:00

In a release issued by the company, OGDCL has informed that it has discovered a gas deposit from Bhambhra 01 exploration well which has been drilled in 100% owned Thal Corporation license located in District Sukkur, Sindh Province.

“The structure of Chambhra 01 was delieneated, drilled, and tested using OGDCL’s in house expertise. The well was drilled down to the depth of 4023M. The well has tested 5.73 MMSCFD of gas through chole size 32/64” with well head flowing pressure 1000Psi form Basal Sand of Lower Goru”.

OGDC further said stated that, “the discovery of Gas from Bhambhra 01 would open new avenue and also add hydrocarbon reserves base for OGDCL and the country.

The OGDCL send out can be accessed here.

Related News

Name Price/Vol %Chg/NChg
KSE100 168,412.23
592.49M
-0.64%
-1085.12
ALLSHR 100,841.15
1,186.30M
-0.49%
-498.14
KSE30 50,990.49
119.02M
-0.81%
-418.65
KMI30 241,834.15
330.82M
-0.57%
-1391.56
KMIALLSHR 65,320.38
781.20M
-0.50%
-328.34
BKTi 47,340.81
74.99M
-0.96%
-458.37
OGTi 34,939.95
5.93M
-0.69%
-243.35
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 76,335.00 77,840.00
75,935.00
-855.00
-1.11%
BRENT CRUDE 110.67 112.70
107.81
2.44
2.25%
RICHARDS BAY COAL MONTHLY 109.50 110.00
109.00
2.40
2.24%
ROTTERDAM COAL MONTHLY 104.75 106.75
104.75
0.45
0.43%
USD RBD PALM OLEIN 1,191.50 1,191.50
1,191.50
0.00
0.00%
CRUDE OIL - WTI 99.55 101.85
96.24
3.18
3.30%
SUGAR #11 WORLD 14.24 14.30
13.98
0.27
1.93%

Chart of the Day


Latest News
April 28, 2026 at 07:54 PM GMT+05:00

SBP rejects all bids in fixed-rate PIB auction


April 28, 2026 at 05:57 PM GMT+05:00

UAE walks away from OPEC amid energy turmoil


April 28, 2026 at 05:30 PM GMT+05:00

CNERGY Delivers Massive Turnaround, Hits Rs17.1bn Profit


April 28, 2026 at 05:19 PM GMT+05:00

Packages Limited delivers 5.7x profit surge


April 28, 2026 at 04:58 PM GMT+05:00

Matco Foods earnings rise 39% despite sales dip



Top 5 things to watch in this week

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