OGDCL discovers gas in KP

KARACHI: Oil and Gas Development Company Limited (OGDCL), the country's leading state-owned oil and gas firm, on Tuesday announced the discovery of new hydrocarbon reserves at the Togh-02 well in Kohat district, Khyber Pakhtunkhwa

“By the grace of Almighty Allah, OGDCL, the operator of the Kohat Exploration License, governed under the Pakistan Petroleum & Exploration Rules, 2001, located in the District of Kohat, Khyber Pakhtunkhwa, has discovered hydrocarbons in the exploratory segment of the Togh-02 (Slant) well in the Lumshiwal-II Formation, on sole risk between OGDCL (75%) and Saif Energy Limited (SEL) (25 percent),” the company said in a notice to the Pakistan Stock Exchange.

“The well was spudded on August 28, 2023, and successfully reached its total depth at 2,600 meters measured depth (MD). Based on the interpretation of wireline logs, the Cased Hole Drill Stem Test (CHDST-01) was performed in the Lumshiwal-II Formation."

The company said the well flowed at a rate of 2.842 million standard cubic feet per day (mmscfd) of gas and 28 barrels per day of condensate (bpdc), with a wellhead flowing pressure of 540 pounds per square inch (PSI) at a 32/64” choke size.

OGDCL said the latest gas/condensate discovery has further extended the hydrocarbon play area in the Togh structure with potential new opportunities.