OGDCL Finds New Oil and Gas Field in KP
Pakistan has made a fresh oil and gas discovery at the Baragzai X-01 (Slant) exploratory well in the Nashpa Block, District Kohat, Khyber Pakhtunkhwa further strengthening the country’s domestic energy resources.
OGDCL Finds New Oil and Gas Field in KP or discovery was officially announced by Oil and Gas Development Company Limited in a notification to the Pakistan Stock Exchange (PSX).
Partner and Working Interests
OGDCL Finds New Oil and Gas Field in KP which is the operator of the Nashpa Exploration License with a 65% working interest, alongside:
- Pakistan Petroleum Limited (PPL) is 30%
- Government Holdings (Private) Limited (GHPL) is 5%
Read more about : Gas circular debt hits Rs3 trillion in Pakistan
Production Test Results
According to OGDCL the well tested successful in the Samana Suk and Shinawari formations.
During testing, the well produced:
- 3100 barrels of oil per day
- 8.15 million standard cubic feet per day (MMSCFD) of gas
This strong output confirms the commercial potential of the discovery.
Read more about : Green Bus Routes in Bhawalpur
Drilling Details
The Baragzai X-01 well was spudded on 30 December 2024 and drilled to a total depth of 5170 metre. Multiple formations were tested that include Kingriali and Datta where oil and gas had already been discovered earlier.
Importance for Pakistan’s Energy Sector
OGDCL stated that this new discovery will:
- Help reduce Pakistan’s energy import burden
- It will Support energy security
- Adds to the national hydrocarbon reserves base
Conclusion
OGDCL Finds New Oil and Gas Field in KP that is Baragzai X-01 discovery is a positive development for Pakistan’s oil and gas sector. With commercially viable oil and gas flows, the find is expected to contribute to narrowing the energy supply demand gap and strengthening indigenous production especially in Khyber Pakhtunkhwa’s Kohat region.
FAQ’s
Where is the new oil and gas discovery located?
OGDCL Finds New Oil and Gas Field in KP that is located in the Nashpa Block District Kohat.
Which company made the discovery?
OGDCL Finds New Oil and Gas Field in KP that is the partnership with PPL and GHPL.
How much oil and gas is being produced?
The well flowed 3100 BOPD of oil and 8.15 MMSCFD of gas during the procedure of testing.
Why this discovery important for Pakistan?
It will help increase local energy production, reduce import and support energy security.
Which formation produces hydrocarbons?
The oil and gas were discovered in the Samana Suk and Shinawari formation.