The Oil and Gas Development Company Limited (OGDCL) has announced the discovery of two major gas and condensate reserves, highlighting significant progress in the country’s energy sector.
In a statement, the OGDCL said it anticipates the discoveries to enhance the country’s hydrocarbon reserves and contribute to bridging the energy demand-supply gap.
The oil and gas company said it had discovered gas and condensate reserves at the Soghri North-1 well in Punjab’s Attock district. As the operator of the Soghri Exploration License, with a 100% working interest, OGDCL drilled the well to a depth of 4,942 meters in the Patala Formation.
Post-acid stimulation, it said, the well flowed at a rate of 13.95 million standard cubic feet per day (MMSCFD) of gas and 430 barrels per day (BPD) of condensate through a 32/64” choke size at 2,890 psi. This discovery, it stressed, not only validates further exploratory efforts in the region but also adds substantial reserves to OGDCL and Pakistan’s hydrocarbon resources.
Separately, Mari Energies announced another breakthrough at the Spinwam-1 exploration well in the Waziristan Block. The well, operated with joint venture partners OGDCL (35% interest) and Orient Petroleum Inc. (10%), yielded a flow rate of 20.485 MMSCFD of gas and 117 barrels of condensate per day. Earlier, Spinwam-1 had recorded initial flow tests of 12.96 MMSCFD of gas and 20 barrels of condensate daily.
Mari Energies CEO Faheem Haider emphasized the company’s dedication to expanding Pakistan’s indigenous energy resources. “These discoveries are a testament to our commitment to energy sustainability. We are grateful for the unwavering support of the Ministry of Petroleum, DGPC, and local communities,” he said.
Both discoveries are anticipated to play a critical role in addressing Pakistan’s energy challenges and bolstering its hydrocarbon base. These successful discoveries underscore the strategic importance of domestic exploration in securing the nation’s energy future.