Pakistan’s leading energy company, Oil and Gas Development Company Limited, has announced a new oil and gas discovery in Kohat district, Khyber Pakhtunkhwa. The discovery was made at the Baragzai X-01 (Slant) well in the Nashpa Block.
The company informed the Pakistan Stock Exchange that hydrocarbons were found in the Lumshiwal formation after a successful Cased Hole Drill Stem Test.
Production Results
The well is producing 225 barrels of oil per day and 1.01 million standard cubic feet of gas per day. This is a positive sign for Pakistan’s energy sector.
Discovery Overview Table
| Category | Details |
|---|---|
| Well Name | Baragzai X-01 (Slant) |
| Block | Nashpa Exploration Block |
| Location | Kohat, Khyber Pakhtunkhwa |
| Oil Production | 225 Barrels Per Day (BOPD) |
| Gas Production | 1.01 Million SCF Per Day (MMSCFD) |
| Flow Pressure | 190 psig |
| Total Depth | 5,170 meters |
| Formation Tested | Hangu & Lumshiwal |
Joint Venture Structure
OGDCL holds 65% working interest in the block. Its partners include:
| Partner Company | Working Interest |
|---|---|
| OGDCL | 65% |
| Pakistan Petroleum Limited | 30% |
| Government Holdings (Private) Limited | 5% |
Why This Discovery Matters
This is not the first success at this well. Earlier tests in other formations also yielded oil and gas discoveries. The new discovery will help increase local production and reduce reliance on imported fuel.
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