OGDCL reports one more zone in Lickhart Formation at Dhok Hussain Well # 01

News Image

By MG News | January 23, 2018 at 02:57 PM GMT+05:00

0:00

According to an Oil & Gas Development Authority (OGDC) notice addressed to the exchange, the company informed the stakeholders that at the joint venture of Baratal Block with OGDC as 97.5% operator and KPK Oil & Gas Company Limited (KPOGCL) as 2.5% have discovered gas and condensate form Dhok Hussain Exploratory Well # 01 located in Kohat district of Khyber Pakhtunkhwa.

 The Dhok Hussain well was drilled and tested using OGDCL’s expertise, to the depth of 5014 meters. On 15th of December, 2017 the well was tested 15.4 MMSCFD of gas and 360 BPD of condensate through 32/64’’ choke at well head with a reported flowing pressure of 2558 Psi.

The company informed that the discovery of new reserves would open new avenues and increase hydrocarbon reserves of Pakistan. 

Related News

Name Price/Vol %Chg/NChg
KSE100 130,686.66
280.01M
0.26%
342.63
ALLSHR 81,305.25
897.01M
0.35%
281.26
KSE30 39,945.45
114.02M
0.09%
37.19
KMI30 190,698.05
148.61M
0.61%
1163.05
KMIALLSHR 55,074.15
495.43M
0.53%
290.50
BKTi 34,568.40
28.73M
-1.07%
-372.33
OGTi 28,739.35
22.59M
1.57%
443.29
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 110,840.00 111,220.00
109,200.00
555.00
0.50%
BRENT CRUDE 68.88 69.14
68.32
-0.23
-0.33%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
-0.75
-0.76%
ROTTERDAM COAL MONTHLY 108.55 109.80
108.55
-0.45
-0.41%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 67.17 67.58
66.65
-0.28
-0.42%
SUGAR #11 WORLD 16.32 16.34
15.44
0.74
4.75%

Chart of the Day


Latest News
July 03, 2025 at 05:39 PM GMT+05:00

Gold price in Pakistan rises Rs800 per tola


July 03, 2025 at 05:17 PM GMT+05:00

Microsoft exits Pakistan after 25 years


July 03, 2025 at 04:43 PM GMT+05:00

Privatisation Commission approves advisors for ZTBL


July 03, 2025 at 04:11 PM GMT+05:00

PSX Closing Bell: Holding Ground


July 03, 2025 at 04:00 PM GMT+05:00

PKR strengthens 9 paisa against USD



Top 5 things to watch in this week

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