December 22, 2022 (MLN): The Joint Venture of Sinjhoro Block has discovered oil and gas from an exploratory well namely Kot Nawab-1 in District Sanghar, Sindh Province, the company filing on PSX showed today.
The shareholding of Sinjhoro Block is comprised of Oil and Gas Development Company Limited (OGDCL) as the operator (76%), Orient Petroleum Inc. (19%), and Government Holdings (Private) Limited (GHPL) (5%).
Kot Nawab-1 was spudded in on June 03, 2022, as an exploratory well by using OGDCL's in-house expertise.
The well was drilled down to 3000 meters. Based on the results of wireline logs interpretation, Drill Stem Test-1 in the Basal Sand has tested 125 Barrels of Oil Per Day (BOPD) & 0.483 million Standard Cubic Feet per Day (MMSCFD) Gas, and 400 Barrels of Water per Day (BWPD) through choke size 28/64" at Well Head Flowing Pressure (WHFP) of 150 Pounds per Square Inch (Psi).
The said discovery is the 11th discovery in the Sinjhoro Block which shows the commitment of Sinjhoro JV to exploit the hydrocarbon (HC) potential of the block and its aggressive exploration strategy.
It has opened a new avenue and will positively contribute to mitigating energy demand and supply gap from indigenous resources and will add to the hydrocarbon reserves base of OGDCL and the country.
