KARACHI: The Oil and Gas Development Company Limited (OGDCL) on Wednesday announced oil discovery from its exploratory well Palli Deep-I in Sindh.
The structure of well Palli Deep-I was delineated and tested using OGDCL’s in house expertise. The well was drilled down to the depth of 4,050 meters.
Significant reserves of oil have been found at the well, which produced 1,095 barrels of oil per day. This discovery will add remarkable oil reserves to the reserve base of the company.