OGDC begins production at Baloch-2

By MG News | Category Equity | October 24, 2024 at 10:15 AM GMT+05:00

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October 24, 2024 (MLN): Oil & Gas Development Company Limited (PSX: OGDC) has brought the well Baloch-2 in Sembar formation into production, the company said in a stock filing on Thursday.

The well is located in Sanghar district, Sindh province.

The company’s in-house expertise was key in delineating, drilling, and testing the structure, it said.

Drilled to a depth of 3,920 meters, the well is currently producing 350 barrels per day (BPD) of oil and 5 million standard cubic feet per day (MMSCFD) of gas.

The production is connected to the Sinjhoro Processing Plant, with gas being injected into the SSGCL network.

This venture is a collaboration between OGDC (76% Working Interest), Orient Petroleum Inc. (19%), and GHPL (5%).

OGDC is focused on fast-tracking exploration, drilling, and production to enhance national energy security and contribute to Pakistan's sustainable development.

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