OGDC discovers gas and condensate at Tough well # 1

News Image

MG News | August 27, 2019 at 12:39 PM GMT+05:00

0:00

August 27, 2019 (MLN): The joint venture of Kohat E.L comprising Oil and Gas Development Company Limited as operator (50%), Mari Petroleum Company Limited (33.33%) and Saif Energy Limited (16.67%) has discovered gas and condensate from its exploratory efforts at Well Tough-01, which is located in district Kohat, Khyber Pakhtunkhwa Province.                            

Togh Well # 01 was drilled and tested using OGDCL's in house expertise in consultation with Kohat Joint Ventures MPCL and Saif Energy. The well was drilled down to the depth of 3200 meters. The well was tested at the rate of 12.7 Million Standard Cubic Feet per Day (MMSCFD) gas, 240 BPD condensate through choke size 32/64" at Well head flowing pressure (WHFP) 2478 Pounds per Square Inch (Psi) from Lumshiwal formation.                               

As per the notice released by OGDC, the discovery of Togh Well # 01 is the result of aggressive exploration strategy adopted by Kohat the Joint Venture. It has opened a new avenue and would add to the hydrocarbon reserves base of the OGDC, Joint venture partners and of the country.              

Copyright Mettis Link News

                               

Related News

Name Price/Vol %Chg/NChg
KSE100 163,304.13
424.42M
-0.78%
-1286.28
ALLSHR 99,380.97
1,037.60M
-0.94%
-946.44
KSE30 49,842.51
138.04M
-0.73%
-367.30
KMI30 238,104.17
78.29M
-0.14%
-327.97
KMIALLSHR 65,590.95
485.59M
-0.66%
-435.42
BKTi 45,705.29
72.79M
-2.08%
-972.73
OGTi 32,671.23
13.00M
-0.23%
-74.93
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 111,480.00 111,845.00
109,820.00
1060.00
0.96%
BRENT CRUDE 66.34 66.40
65.41
0.35
0.53%
RICHARDS BAY COAL MONTHLY 80.50 0.00
0.00
-1.05
-1.29%
ROTTERDAM COAL MONTHLY 92.60 0.00
0.00
0.10
0.11%
USD RBD PALM OLEIN 1,082.50 1,082.50
1,082.50
0.00
0.00%
CRUDE OIL - WTI 62.14 62.19
61.21
0.35
0.57%
SUGAR #11 WORLD 15.04 15.34
15.03
-0.25
-1.64%

Chart of the Day


Latest News
October 24, 2025 at 04:38 PM GMT+05:00

Searle company triples Q1 profit to Rs853.5m


October 24, 2025 at 04:30 PM GMT+05:00

Lalpir Power's 9MFY25 performance reverses to loss


October 24, 2025 at 03:50 PM GMT+05:00

PKR closes at 281.02 per USD


October 24, 2025 at 03:42 PM GMT+05:00

Pakgen power swings to Rs296m loss as revenue crashes 91%


October 24, 2025 at 03:30 PM GMT+05:00

Pakistan Tobacco delivers Rs20/share dividend



Top 5 things to watch in this week

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