OGDCL drills 12 new wells, makes three discoveries in six months.
ISLAMABAD -- The Oil and Gas Development Company Limited (OGDCL) has drilled 12 exploratory and development wells and made three discoveries during first six months of the current financial year. The company's exploratory efforts yielded three oil and gas discoveries namely Pandhi-1 in district Sanghar, Sindh province, Togh-1 and Chanda-5 in district Kohat, KPK province, having cumulative daily production potential of 22 Million Cubic Feet (MMCF) gas and 836 barrels of oil. 'Preliminary reserve estimates are 42.26 billion cubic feet of gas and 1.50 million barrels of oil, combined 9.37 million barrels of oil equivalent, according to the company's 2nd quarterly report for the year 2019-20. During the...
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