OGDCL discovers gas from its exploratory well Lakhirud X-1, Balochistan
MG News | November 27, 2020 at 01:08 PM GMT+05:00
November 27, 2020 (MLN): Oil and Gas Development Company Limited (OGDCL) as Operator (100%) of Lakhirud Exploration Licence has discovered gas from its exploratory well Lakhirud X-1, which is located in District Musa Khel, Balochistan Province.
The structure of Lakhirud X-1 was drilled and tested using OGDCL's in house expertise. The well was drilled down to a depth of 3000 meters. Based on logs data, the well was tested at a rate of 2.5 Million Standard Cubic Feet per Day (MMSCFD) of gas and 18 Barrels Per Day (BPD) of water through 32/64" choke at Well Head Flowing Pressure of 600 Pounds per Square Inch (Psi) from Mughal Kot Formation, as per the notice issued to PSX.
The discovery of Lakhirud X-1 has opened a new avenue and would add to the hydrocarbon reserves base of OGDCL.
Copyright Mettis Link News
Related News
| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 171,204.18 326.75M | -0.12% -200.31 |
| ALLSHR | 103,326.47 682.26M | -0.11% -115.78 |
| KSE30 | 52,323.58 93.96M | -0.17% -90.21 |
| KMI30 | 244,733.72 73.03M | 0.04% 87.89 |
| KMIALLSHR | 67,164.58 409.64M | 0.17% 114.30 |
| BKTi | 47,165.45 34.74M | -0.52% -248.09 |
| OGTi | 33,329.66 4.67M | -0.27% -90.09 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 89,940.00 | 90,610.00 87,910.00 | 1880.00 2.13% |
| BRENT CRUDE | 61.66 | 62.16 60.53 | 1.19 1.97% |
| RICHARDS BAY COAL MONTHLY | 91.00 | 0.00 0.00 | 2.30 2.59% |
| ROTTERDAM COAL MONTHLY | 96.90 | 0.00 0.00 | 0.30 0.31% |
| USD RBD PALM OLEIN | 1,016.00 | 1,016.00 1,016.00 | 0.00 0.00% |
| CRUDE OIL - WTI | 57.65 | 58.13 56.60 | 1.13 2.00% |
| SUGAR #11 WORLD | 15.05 | 15.09 14.83 | 0.23 1.55% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Pakistan Stock Movers
| Name | Last | Chg/%Chg |
|---|
| Name | Last | Chg/%Chg |
|---|