OGDC discovers gas at Shahu-1 Well in Khairpur

October 23, 2024 (MLN): Oil & Gas Development Company Limited (PSX: OGDC) has made a significant gas discovery at the Shahu-1 well, located in the Sawan South Block within the Khairpur district of Sindh Province, the company's filing on PSX revealed. 

This discovery was made from the lower Goru B Reservoir Sand, marking a crucial development for the region’s energy sector.

"We are pleased to announce the gas discovery from Sawan South Block lower Goru B Reservoir Sand of Shahu-1 well located in district Khairpur, Sindh Province," the notice reads.

The Joint Venture comprising Oil & Gas Development Company Limited (OGDCL) (20% working interest), United Energy Pakistan Limited (UEPL), the Operator (75%), Government Holding Private Limited (GHPL) (2.5%) and Sindh Energy Holding Limited (SEHL) (2.5%), it added. 

The well was spudded in on August 18, 2024, and has been successfully drilled down to the depth of 12,675 ft MD. The well was estimated to produce gas at a rate of around 10 Million Standard Cubic Feet per Day (MMSCFD) gas at Wellhead Flowing Pressure (WHFP) of ~4100 Pounds per Square Inch (Psig).

The discovery has de-risked further exploration play in Sawan South Block. The said discovery will also help & contribute towards improving the energy security of the country from indigenous resources and add to the hydrocarbon reserves base.

Copyright Mettis Link News