OGDC brings Kharo-1 well into production

News Image

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

Join our Whatsapp channel
0:00

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

News
Mari Energies acquires 20% stake in PPL’s eastern offshore Indus-C block
News
KTrade tips Systems Limited for 43% gain by June 2026
News
PPL forms strategic offshore partnership with Turkish Petroleum
Name Price/Vol %Chg/NChg
KSE100 166,010.85
94.87M 		0.32%
534.83
ALLSHR 100,863.82
155.35M 		0.54%
537.04
KSE30 51,109.21
48.67M 		0.15%
74.45
KMI30 242,846.51
20.00M 		-0.08%
-192.00
KMIALLSHR 66,692.07
77.89M 		0.38%
254.60
BKTi 46,916.89
30.59M 		0.63%
293.57
OGTi 32,914.98
3.85M 		1.36%
442.86
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 112,535.00 114,040.00
112,200.00 		-550.00
-0.49%
BRENT CRUDE 62.18 62.40
62.02 		-0.21
-0.34%
RICHARDS BAY COAL MONTHLY 80.50 80.50
80.50 		-1.00
-1.23%
ROTTERDAM COAL MONTHLY 89.00 89.00
88.75 		-0.10
-0.11%
USD RBD PALM OLEIN 1,085.00 1,085.00
1,085.00 		0.00
0.00%
CRUDE OIL - WTI 58.55 58.79
58.37 		-0.15
-0.26%
SUGAR #11 WORLD 15.87 15.94
15.36 		0.26
1.67%
Chart of the Day
Latest News
October 15, 2025 at 09:34 AM GMT+05:00

Asia market rise as U.S. China trade tensions escalate

October 15, 2025 at 09:20 AM GMT+05:00

NBP issues foreign exchange rates

October 15, 2025 at 09:17 AM GMT+05:00

MG Morning Breeze: Updates to Skim before Market

Top 5 things to watch in this week
Large Scale Manufacturing (LSM)
MTB Auction
Private Sector Credit
Total Advances, Deposits & Investments of Scheduled Banks
Lending and Deposit Rates
Previous
Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg