Islamabad: The Oil and Gas Development Company Limited (OGDCL) on Tuesday (February 2) notified the discovery of a gas reserve in the Hyderabad District; stating that the latest development will help the federal government address supply-demand gap for oil and gas in the country.
According to the details revealed, OGDCL and the Government Holding (Private) Limited (5pc) discovered the said gas condensate from its exploratory well Sial-1 as part of a collaborative effort aimed at identifying natural gas reserves in Sindh.
‘The structure of Sial-1 was drilled and tested using OGDCL in-house expertise. The well was drilled down to a depth of 2,442 meters. Based on logs data, the well was tested at the rate of 1.146 million standard cubic feet per day (MMSCFD) of gas and 680 barrels per day (BPD) of condensate through 32/64 inch choke at wellhead flowing pressure of 460 Pounds per square inch (PSI) from lower Goru Formation,’ it said in a statement.
‘It has opened a new avenue and would add to the hydrocarbon reserve base of OGDCL, its joint venture partners and of the country, the company further stated.
