OGDC Finds New Fuel Reserves in Sindh
The Oil and Gas Development Company Limited (PSX: OGDC) has announced a new oil and gas discovery at the Bobi … Read More The post OGDC Finds New Fuel Reserves in Sindh appeared first on ProPakistani .
Oil and Gas Development Company Limited (OGDC) has announced a significant oil and gas discovery at the Bobi Oil Field in Sindh, according to a recent report. The find is estimated to produce around 1,000 barrels of oil daily and 1.0 million standard cubic feet of natural gas daily (MMSCFD), as stated by the company. OGDC owns the Bobi Oil Field entirely and considers the discovery a crucial milestone for its exploration endeavors.
The data obtained from the earlier Bobi Deep-1 well was instrumental in identifying and evaluating the Bobi-11 well. The company further highlighted that the results bolster prospects for additional oil and gas reserves in the region, potentially paving the way for further exploration and development activities. This latest discovery follows OGDC's identification of substantial shale gas potential in Sindh, with initial assessments suggesting around 7.5 trillion cubic feet of shale gas resources in the province.
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