September 9, 2024
OGDCL Strikes Gas Gold in Punjab

OGDCL Strikes Gas Gold in Punjab

Karachi, August 14, 2024 – Oil and Gas Development Company Limited (OGDCL) has announced a major gas discovery in the Mari East Block, located in Rahim Yar Khan, Punjab. This development represents a significant milestone for Pakistan’s energy sector and is expected to bolster the country’s energy security.

The successful exploratory well, named Chak 202-1, was drilled starting June 29, 2024. The well reached a depth of 1,956.50 meters, employing advanced technology and OGDCL’s in-house expertise. Initial testing in the Sui Main Limestone (SML) formation yielded encouraging results, with a gas flow rate of 6.15 Million Standard Cubic Feet Per Day (MMSCFD).

This discovery is particularly notable as it marks OGDCL’s second successful exploration venture in the Mari East Block. The initial success in this block reinforces OGDCL’s leading position in Pakistan’s energy exploration and production landscape. The newfound gas reserves are anticipated to play a crucial role in meeting the country’s growing energy demands. By increasing domestic energy resources, this discovery will help reduce Pakistan’s reliance on imported energy sources and enhance overall energy security.

In light of the successful discovery, OGDCL has outlined plans to drill an additional three to four exploratory wells within the Mari East Block. This strategic expansion aims to further explore the region’s hydrocarbon potential and strengthen Pakistan’s energy independence. The ongoing efforts to discover and develop more gas reserves are crucial for addressing the nation’s energy needs and supporting sustainable economic growth.

As Pakistan’s largest exploration and production company, OGDCL is committed to driving growth through innovative exploration and development initiatives. The recent gas discovery underscores the company’s dedication to addressing the nation’s energy challenges and contributing to Pakistan’s economic progress. The discovery is being celebrated as a significant step towards achieving energy self-sufficiency and is expected to have a positive impact on the country’s economy.

The new reserves will not only help stabilize energy supply but are also likely to create a ripple effect in various sectors, potentially leading to job creation and boosting industrial activity. This development marks a promising chapter in Pakistan’s quest for energy independence and economic stability.