OGDC-led venture strikes gas, condensate in Tando Allah Yar, Sindh

MG News | December 08, 2023 at 09:38 AM GMT+05:00

0:00

December 08, 2023 (MLN): The Joint Venture of Dars West Development and Production Lease (D&PL) comprising Oil & Gas Development Company Limited (PSX: OGDC) as the operator (77.5 %) & GHPL (22.5 % carried) has discovered Gas & Condensate from its exploratory efforts into "C" Sands of Lower Goru Formation over Development Well Dars West 02, the company's filing on PSX revealed today.

The well mentioned above is located in the district of Tando Allah Yar, Sindh Province.

It is important to note that the structure of Dars West Well 02 was drilled and tested using OGDCL's in-house expertise. The well was drilled down to a depth of 2081 Meters.

Dars West Well has tested 8.51 million standard cubic feet per day (MMSCFD) gas, 360 barrels per day (BPD) condensate through choke size 32/64" at Well Head Flowing Pressure 1947 Pounds per Square Inch (PSI) from Lower Guru C-Sand (Exploratory Zone).

The discovery of Dars West Well 02 results from the aggressive exploration strategy adopted by the company.

It would add to the hydrocarbon reserves base of the OGDCL, joint venture partners and the country.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	171,404.49 326.40M	-0.32% -556.16
ALLSHR	103,442.24 795.99M	-0.21% -217.04
KSE30	52,413.79 113.03M	-0.27% -143.72
KMI30	244,645.84 109.10M	-0.15% -378.05
KMIALLSHR	67,050.27 450.39M	-0.02% -14.08
BKTi	47,413.54 37.21M	-0.37% -176.81
OGTi	33,419.75 8.88M	-0.20% -67.52

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	87,895.00	89,510.00 85,135.00	3075.00 3.63%
BRENT CRUDE	60.55	60.65 59.40	0.73 1.22%
RICHARDS BAY COAL MONTHLY	91.00	0.00 0.00	2.30 2.59%
ROTTERDAM COAL MONTHLY	96.90	96.90 96.90	0.50 0.52%
USD RBD PALM OLEIN	1,016.00	1,016.00 1,016.00	0.00 0.00%
CRUDE OIL - WTI	56.54	56.72 55.61	0.54 0.96%
SUGAR #11 WORLD	14.85	14.87 14.45	0.37 2.56%