“It will also contribute in diminishing the supply and demand gap of oil and gas in the country through the exploration & exploitation of indigenous resources,” it said. KARACHI: The Oil and Gas Development Company (OGDCL) on Monday denied discovering any reserves of shale gas in Sindh. Apparently, the latest development will have a beneficial impact on Pakistan in terms of producing own gas. drillship from Las Palmas, Gas field developments and LNG import schemes could be derailed as further US Tal Block is considered one of the largest hydrocarbon producing blocks in the country with 55 percent as the success ratio of discovery. ISLAMABAD: The Oil and Gas Development Company Limited (OGDCL) Tuesday announced to make a discovery of gas and condensate from its exploratory well Sail-I in District Hyderabad of Sindh province. Oil and Gas Development Co. Ltd. (OGDCL) and Government Holdings Pvt. SDPI report on “Shale Oil & Gas: The Lifeline for Pakistan” launched in 2015, highlights the need and importance of developing shale oil and gas resources in Pakistan. OGDCL makes oil, gas discovery in Sindh There is 1.146 MMSCFD of gas and 680 (BPD) of condensate from the well, which was drilled … Covering the latest oil and gas news including shale, lng, drilling, exploration and production. Islamabad: Pakistan has discovered new deposits of oil and gas in the Kohat district of Khyber-Pakhtunkhwa province. According to the preliminary testing, there is 1.146 MMSCFD of gas and 680 (BPD) of condensate from the well, which was drilled down to the depth of 2,442 meters, the company said in a news release . Sign up here. UK-listed Oil & Gas Development Company Ltd (OGDCL) has made a gas condensate What actually constitutes ‘corrupt practice’? UK-listed Oil & Gas Development Company Ltd (OGDCL) has made a gas condensate discovery in the Hyderabad District of Pakistan’s Sindh province. 2021 © Business Recorder. higher environmental standards, Pakistan find: OGDCL has made a gas and condensate discovery in he Hyderabad District of Sindh province, Pakistan awards batch of new exploration blocks, Pakistan discovery for state-owned player, Pakistan exploration well flops for state-owned player, Petronas sized up for Pakistan exploration acreage, Pakistan state player hits gas at latest wildcat well, https://www.upstreamonline.com/exploration/pakistan-player-unearths-gas-condensate-discovery/2-1-955348. “Based on the logs data, the well was tested at rate of 1.146 Million Standard Cubic Feet per Day (MMSCFD) of gas and 680 barrels per day (BPD) of condensate through 32/64” choke at Well Head Flowing Pressure of 460 Pounds per Square Inch (Psi) from Lower Goru Formation,” it said. San Donato Milanese (Milan), 19 September 2012 - Eni has made a significant gas discovery onshore Pakistan, in the Badhra Area B exploration concession, located in the Khirtar Fold Belt region, 350 kilometers north of Karachi. The Global Times have also carried the news of likely shale oil and gas discovery in Pakistan and its positive impact on Pakistan’s economy.The newspaper has commented that a big oil and gas discovery will stimulate the Chinese companies to invest in Pakistan’s shale and gas sector, adding that China is willing to support Pakistan’s efforts to seize the development opportunity … OGDCL makes two oil, gas discoveries in 1st half of 2018-19 ISLAMABAD: Oil and Gas Development Company Limited (OGDCL) has drilled six new wells and made two discoveries during first half of the current fiscal year. Pakistan to receive 17.2 million COVID-19 doses through COVAX, IMF warns of 'uneven' Mideast recovery with lopsided vaccine rollout, 'Is Rihanna Muslim?' Pakistan finds answer in oil as gas shortage hits power sector S&P Global Platts 05:26 20-Jan-21 LNG firm moves international court against PSO The Express Tribune 03:16 20-Jan-21 IEEFA reports on status of LNG projects in emerging markets LNG Industry 08:35 19-Jan-21 The OGDC […] New oil and gas reserves have been discovered from TAL Block in Kohat which will produce 1,844 barrels of crude oil daily. “Well test has shown 3,240 barrels of condensate per day, 16.12 mmscf […] MOL has been successfully operating in Pakistan for 21 years, having made 13 oil, gas and condensate discoveries there. Sign up for our new energy transition newsletter, Anglo-Irish player spuds high-impact wildcat following delays in mobilising In October, the company discovered oil and gas reserves at its Exploratory Well Tog number 1 in Khyber-Pakhtunkhwa’s (KP) Kohat district. The Pakistan Oilfields Limited (POL), with 25 … “The discovery of Sial-1 is the result of aggressive exploration strategy adopted by the company,” OGDCL said in Tuesday’s statement. According to a preliminary test, the well could produce 50 Barrel per Day (BPD) of crude oil, and 4.1 Million … The consortium has claimed it has discovered massive oil and gas reserves offshore Indus G-Block called Kekra-I some 230-km off the Karachi coast. Logs from subsequent testing showed the discovery well flowed at a rate of 1.15 million cubic feet of gas per day and 680 barrels per day of condensate from the Lower Goru formation, through a 0.5-inch choke. We use cookies in a variety of ways to improve your experience, such as keeping NHST websites reliable and secure, personalising content and ads and to analyse how our sites are being used. The Badhra B North-1 exploratory well, which led to the discovery, was drilled at a total depth of 2,450 meters and encountered over 54 meters of net gas … Environmentalists are now concerned that Pakistan has recently discovered one low and four low to medium quality coal seams in the Punjab and plans to re-fuel its economically important cement industry with it after their oil … and intersected both gas and condensate. ISLAMABAD: The Oil and Gas Development Company (OGDCL) on Tuesday announced that it has struck a new oil and gas discovery at its Chanda Well-05 in Kohat district of Khyber Pakhtunkhwa province. Out of the total new drills, three were exploratory/appraisal wells and three were development wells. For more information and how to manage your privacy settings, please refer to our privacy and cookie policies. In the series of oil and gas discoveries, recently, Pakistan experienced a major development to support the country’s energy crisis. 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