ISLAMABAD, June 12, 2025 – Oil & Gas Development Company Limited (OGDCL) has announced a major oil and gas discovery from its exploratory operations at the Faakir-1 well, situated in the Bitrisim Exploration License area, Khairpur district, Sindh.
Joint Venture and Ownership
The well is operated by OGDCL, holding a 95% working interest, in partnership with Government Holdings (Private) Limited (GHPL), which retains the remaining 5% stake.
Drilling Details
Spud on December 31, 2024, as an exploratory well, Faakir-1 was drilled to a total depth of 4,185 meters in the Sembar Formation. The drilling operation was carried out using OGDCL’s in-house expertise, in close coordination with the Joint Venture partner.
Test Results and Production Rates
After evaluating wireline log results, two Drill Stem Tests (DSTs) were performed in the Lower Goru Formation, focusing on the Massive Sand and Basal Sand intervals. The cumulative test results revealed:
- 6.4 million standard cubic feet of gas per day (MMSCFD)
- 55 barrels per day (BPD) of condensate
The production was achieved using a 32/64″ choke.
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Significance of the Discovery
This discovery represents a major milestone for the Bitrisim Exploration Licence, demonstrating the hydrocarbon potential of the Lower Goru Formation (Basal and Massive Sands).
- Enhances the commercial viability of the block
- Extends the productive life of the license
Strategic Impact
The success of Faakir-1 reflects the Joint Venture’s dedication to maximizing hydrocarbon recovery through an aggressive exploration strategy.
- Expected to reduce Pakistan’s energy demand-supply gap by utilizing indigenous resources
- Will boost hydrocarbon reserves for both OGDCL and Pakistan
This discovery reinforces OGDCL’s role as a key player in Pakistan’s energy sector and contributes to the nation’s energy security.