Chak 63-05 well produces 600 barrels of condensate and 10.5 MMSCFD of gas, boosting Pakistan’s indigenous energy production
KARACHI: Oil and Gas Development Company Limited (OGDCL) has announced the successful testing and completion of the Chak 63-05 development well in Sindh, marking another milestone in Pakistan’s efforts to enhance indigenous oil and gas production and strengthen energy security.
In a notification submitted to the Pakistan Stock Exchange (PSX) on Tuesday, the state-owned exploration and production company said the newly completed well is located within the Chak 63 Development and Production Lease (D&PL) in Sanghar district.
According to OGDCL, production testing conducted through a 32/64-inch choke delivered encouraging results, with the well producing 600 barrels of condensate per day (BPD) and 10.5 million standard cubic feet of gas per day (MMSCFD) at a Wellhead Flowing Pressure (WHFP) of 2,580 pounds per square inch gauge (psig).
The company said the Chak 63-05 well was spudded on April 20, 2026, drilled to a total depth of 3,325 metres, and successfully completed in the Massive Sand reservoir.
OGDCL further stated that the well will be connected to the Sui Southern Gas Company (SSGC) transmission network, with development work already underway to bring the discovery into commercial production at the earliest opportunity.
The Chak 63 lease is operated by OGDCL with a 62.5% working interest, while Government Holdings (Private) Limited (GHPL) holds 22.5% and Orient Petroleum Inc. Limited (OPL) owns the remaining 15% stake.
The company noted that production from the new well is expected to increase Pakistan’s domestic hydrocarbon output, support national energy security and help reduce dependence on imported oil and gas.
OGDCL added that the successful completion of the Chak 63-05 well demonstrates its continued commitment to expanding indigenous exploration and production activities while creating sustainable value for shareholders and supporting the country’s long-term energy needs.
The disclosure was made in accordance with Section 96 of the Securities Act, 2015, and Clause 5.6.1(a) of the Pakistan Stock Exchange Regulations to keep investors informed of material developments.
