OGDCL discovers hydrocarbon reserves in Sindh's Khairpur

Oil & Gas Development Company Ltd (OGDCL), Pakistan's leading exploration and production firm, has discovered a significant hydrocarbon reserve comprising gas and condensate in District Khairpur, Sindh. The announcement was made in a filing to the Pakistan Stock Exchange (PSX) on Wednesday, detailing the findings from OGDCL's Bitrisim Northwest-1 exploratory well. This well is operated by OGDCL, holding a 95% working interest, with the remaining 5% owned by Government Holdings (Private) Limited (GHPL).

Upon testing, the well demonstrated an impressive production capacity, delivering 12.8 million standard cubic feet of gas per day and 175 barrels of condensate per day. This flow occurred at a wellhead pressure of 3,020 pounds per square inch, using a 32/64-inch choke. The well was spudded on August 21, 2026, and was drilled to a total depth of 3,732 meters in the Sembar Formation. A Drill Stem Test (DST) was performed in the Lower Goru Formation's Basal Sands, providing crucial data for further exploration.

OGDCL is actively working to fast-track the connection of this well to the national gas gathering system, aiming to monetize the discovery quickly. The company emphasizes that this new find will significantly boost its hydrocarbon reserves and strengthen Pakistan's energy security by addressing the increasing demand-supply gap through domestic resources.

OGDCL is the nation's largest E&P company, engaged in exploration, drilling, production, reservoir management, and engineering support. The firm boasts the most extensive exploration acreage in Pakistan, covering more than 40% of the country's total awarded acreage and encompasses substantial net hydrocarbon resources. The Government of Pakistan holds a dominant 67% stake in OGDCL, followed by the OGDC Employee Empowerment Trust and the Privatisation Commission of Pakistan.