OGDC brings Kharo-1 well into production

News Image

MG News | January 15, 2025 at 02:36 PM GMT+05:00

January 15, 2025 (MLN): Oil & Gas Development Company Limited (PSX: OGDC) has successfully disclosed that the Kharo-1 well has been brought into production.

The Kharo-1 well is currently producing 20 barrels of oil per day (BPD) and 5 million standard cubic feet per day (MMSCFD) of gas, the notification issued to the local bourse.

The well has been connected to the OGDCL Sinjhoro Processing Plant through the installation of a 6-inch, 12.5 km flow line running from the well site to the Chabaro merging point.

The gas produced is now seamlessly integrated into the SSGC network.

OGDCL operates the Khewari Block with a 95% working interest.

The remaining 5% is owned by Government Holding Private Limited (GHPL).

The Kharo-1 well is situated in the Khairpur District of Sindh province.

This achievement underscores OGDCL's consistent dedication to high operational standards.

It also emphasizes the company's important role in enhancing Pakistan's energy sector, further solidifying its leadership in the hydrocarbon industry.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 172,399.90
320.00M
1.59%
2696.30
ALLSHR 103,927.90
888.16M
1.29%
1323.37
KSE30 51,428.16
185.27M
1.65%
836.84
KMI30 246,743.08
136.63M
1.75%
4243.24
KMIALLSHR 67,499.94
461.75M
1.34%
890.73
BKTi 46,974.29
67.03M
1.67%
773.64
OGTi 35,183.53
7.71M
0.85%
295.91
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 63,430.00 64,025.00
62,835.00
-245.00
-0.38%
BRENT CRUDE 89.38 89.90
85.80
-1.00
-1.11%
RICHARDS BAY COAL MONTHLY 123.00 0.00
0.00
1.10
0.90%
ROTTERDAM COAL MONTHLY 131.00 131.00
130.00
-1.75
-1.32%
USD RBD PALM OLEIN 1,157.50 1,157.50
1,157.50
0.00
0.00%
CRUDE OIL - WTI 86.59 87.23
83.20
-1.12
-1.28%
SUGAR #11 WORLD 13.92 13.97
13.68
0.13
0.94%

Chart of the Day


Latest News
June 12, 2026 at 07:43 PM GMT+05:00

Auto sector drives Rs499bn customs duty relief


June 12, 2026 at 07:29 PM GMT+05:00

Rs2.35tr tax exemptions drain Pakistan’s revenues


June 12, 2026 at 07:25 PM GMT+05:00

Rs1.27tr tax concessions drain federal revenue


June 12, 2026 at 06:56 PM GMT+05:00

Budget FY27 eases tax burden on salaried individuals



Top 5 things to watch in this week

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