August 30, 2024 (MLN): Oil & Gas Development Company Limited (PSX: OGDC) along with Orient Petroleum & GHPL has made the gas condensate discovery at the Baloch-2 Well in District Sanghar, the company's filing on PSX revealed today.
"The Joint Venture of Sinjhoro Block comprising OGDC as Operator with 76% working interest, Orient Petroleum (19%) & GHPL (5%) has made gas condensate discovery at the Baloch-2 well in the exploratory zone of Sembar Formation, in Baloch Development and Production Lease (D&PL), Sinjhoro Exploration Licence, located in District Sanghar, Sindh Province," the notice reads.
Baloch-2 well was spudded in on February 24, 2024, and drilled down to a total depth of 3920m TVD in Sembar Formation as an exploratory effort by OGDCL, with in-house evaluation and technical support from its Joint Venture Partners (JVPs).
Based on the results of wireline logs interpretation, Drill Stem Test-3 in the Sembar Formation has tested 6.8 million Standard Cubic Feet per Day (MMSCFD) of gas and 388 Barrels of Condensate per Day (BCPD) through choke size 32/64" at Well Head Flowing Pressure (WHFP) of 2180 Pounds per Square Inch (Psi).
This discovery marks the first milestone in Sinjhoro Block from Sembar Formation. Sembar Formation is known for its promising source potential and is widely distributed across Pakistan's Middle and Lower Indus basin.
The discovery confirms the untapped potential of the Sembar Formation and opens a new play, paving the way for further exploration and development of hydrocarbon reserves in the Block.
In addition to the appraisal and development of Baloch 2, OGDCL is proactively planning to re-enter existing shut-in wells and swiftly develop the full potential of the Sembar Formation.
