OGDC discovers Crude Oil and Gas at Mela Well #05 located in District Kohat

News Image

MG News | August 07, 2018 at 11:49 AM GMT+05:00

According to a notification sent to PSX, OGDC has discovered crude oil and gas from the developmental Well Mela #05, which is located in District Kohat, Khyber Pakhtoonkhwa Province.

This is the first discovery of Crude Oil & Gas from “Samanasuk Formation” in Mela Oil Field.

According to the notification, the structure of the Mela Well # 05 was drilled and tested using OGDCL’s in house expertise. The well was drilled to the depth of 5070 meters and has tested 95 BPD of crude oil and 0.249 MMSCFD of gas through 32/64”choke at well head flowing pressure of 160-67 Psi from Samanasuk formation.

The discovery of Mela # 05 is the result of aggressive exploration strategy adopted by OGDCL and has opened a new avenue which would add to the hydrocarbon reserve base of the company and of the country.

The Mela D&PL Block is a joint venture comprising Oil and Gas Development Company Limited  as operator (56.45%), Pakistan Petroleum Limited (28.55%) and Government Holding (Private) Limited (15%).   

Related News

Name Price/Vol %Chg/NChg
KSE100 171,725.29
261.56M
2.31%
3881.05
ALLSHR 103,214.49
498.64M
2.00%
2024.02
KSE30 51,517.14
135.33M
2.40%
1209.13
KMI30 246,565.71
111.44M
2.29%
5524.54
KMIALLSHR 67,042.77
274.55M
1.94%
1273.86
BKTi 47,299.71
43.26M
3.04%
1394.54
OGTi 36,341.37
10.64M
2.20%
783.44
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 77,005.00 77,935.00
76,105.00
1230.00
1.62%
BRENT CRUDE 98.94 100.12
97.12
2.80
2.91%
RICHARDS BAY COAL MONTHLY 110.00 0.00
0.00
-8.75
-7.37%
ROTTERDAM COAL MONTHLY 111.10 111.10
111.10
0.35
0.32%
USD RBD PALM OLEIN 1,157.50 1,157.50
1,157.50
0.00
0.00%
CRUDE OIL - WTI 92.71 93.90
89.41
-3.89
-4.03%
SUGAR #11 WORLD 14.56 14.63
14.44
-0.14
-0.95%

Chart of the Day


Latest News
May 26, 2026 at 04:49 PM GMT+05:00

National Savings Scheme profit rates edge higher


May 26, 2026 at 04:42 AM GMT+05:00

BankIslami launches FOCUS


May 25, 2026 at 06:03 PM GMT+05:00

UAE, UN deepen ties on energy, water agenda


May 25, 2026 at 05:13 PM GMT+05:00

Pakistan pushes export drive in China



Top 5 things to watch in this week

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