ISLAMABAD
\nOil and Gas Development Company Limited (OGDC) on Wednesday announced a major oil and gas discovery at its exploratory well Baragzai X-01 (Slant) in Nashpa Block, in Kohat district of Khyber Pakhtunkhwa. The well is currently producing 2,280 Barrels per Day (BPD) of oil and 5.6 Million Standard Cubic Feet per Day (MMSCFD) of gas, through choke size 32\/64\u201dat wellhead flowing pressure (WHFP) of 2400 psi. This marks the first hydrocarbon discovery from the Kingriali Formation in the Nashpa Block.
\nOGDC is the operator of the Nashpa Exploration License with a 65% working interest, along with its joint venture partners Pakistan Petroleum Limited (PPL) with 30% and Government Holdings (Private) Limited (GHPL) with a 5% carried interest.
\nThe Baragzai X-01 (Slant) well was spud-in on December 24, 2024, as an exploratory well and drilled to a depth of 5,170 meters into the Kingriali Formation. A 90-meter-thick interval of the Triassic-age Kingriali Formation was encountered. Encouraging hydrocarbon shows and interpretation of open hole wireline logs led to a successful cased hole drill stem test (DST).
\nThis significant oil and gas discovery has further de-risked deeper exploration in the area and will contribute toward mitigating Pakistan\u2019s energy supply\u2013demand gap through indigenous resources, while adding to the hydrocarbon reserves base of OGDC, its joint venture partners, and the country.
\nCommenting on the significant oil and gas discovery, MD\/CEO OGDC, Ahmed Hayat Lak, said, \u201cThis milestone underscores our commitment to exploring and developing Pakistan\u2019s hydrocarbon potential. This discovery is a testament to OGDC\u2019s technical expertise and its role in securing sustainable energy for the nation.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
ISLAMABAD Oil and Gas Development Company Limited (OGDC) on Wednesday announced a major oil and gas discovery at its exploratory well Baragzai X-01 (Slant) in Nashpa Block, in Kohat district of Khyber Pakhtunkhwa. The well is currently producing 2,280 Barrels per Day (BPD) of oil and 5.6 Million Standard Cubic Feet per Day (MMSCFD) of …<\/p>\n","protected":false},"author":4,"featured_media":90840,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-90825","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts\/90825","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/comments?post=90825"}],"version-history":[{"count":1,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts\/90825\/revisions"}],"predecessor-version":[{"id":90841,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts\/90825\/revisions\/90841"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/media\/90840"}],"wp:attachment":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/media?parent=90825"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/categories?post=90825"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/tags?post=90825"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}