KARACHI: The Oil and Gas Development Company Limited (OGDCL) has said that gas condensate has been discovered at Baloch-2 well in District Sanghar, Sindh.

In a stock filing on Friday, OGDCL said that the joint venture of Sinjhoro Block comprising OGDCL as operator with 76 per cent working interest, Orient Petroleum (19pc) and Government Holdings Private Limited (5pc) has made gas condensate discovery at the Baloch-2 well in the exploratory zone of Sember Formation, in Baloch Development and Produ­ction Lease, Sinjhoro Exploration License, loca­ted in District Sanghar.

Baloch-2 well was spudded in on February 24 and drilled down to a total depth of 3,920 metres TVD (true vertical depth) in Sembar Formation as an exploratory effort by OGDCL, with in-house evaluation and technical support from its joint venture partners.

Based on the results of wireline logs interpretation, drill stem test-3 in the Sembar Formation has tested 6.8 million standard cubic feet per day (mmscfd) of gas and 388 barrels of condensate per day through choke size 32/64“ at WellHead Flowing Pressure of 2,180 Pounds per square inch, OGDCL said.

Published in Dawn, August 31st, 2024

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

IMF hopes
Updated 14 Sep, 2024

IMF hopes

Constant borrowing is not the solution to the nation’s deep-seated economic woes and structural issues.
Media unity
14 Sep, 2024

Media unity

IN recent years, media owners and senior decision-makers in newsrooms across the country have found themselves in...
Grim example
Updated 14 Sep, 2024

Grim example

The state, as well as the ulema, must reiterate the fact that no one can be allowed to play executioner in blasphemy cases.
Monetary easing
Updated 13 Sep, 2024

Monetary easing

The fresh rate cut shows SBP's confidence over recent economic stability amid hopes of IMF Board approving new bailout.
Troubled waters
13 Sep, 2024

Troubled waters

THE proposed contentious amendments to the Irsa Act have stirred up quite a few emotions in Sindh. Balochistan, too,...
Deceptive records
13 Sep, 2024

Deceptive records

IN a post-pandemic world, we should know better than to tamper with grave public health issues, particularly fudging...