Pakistan’s Oil & Gas Development Company (OGDC) said it has discovered both gas and condensate in an exploration well on the Khewari Block in Pakistan’s Sindh Province.
Located in District Khairpur, the Chabaro-1 well was drilled to a depth of 3674 metres and flowed 15.1 million cubic feet of gas and 20 barrels per day of condensate during testing of the Lower Goru sand formation, the London-listed firm said in a bourse statement.
OGDC also operates the Khewari block with a 95 per cent interest, while Pakistan’s government holding the rest through Government Holdings.
“The discovery of Chabaro-1 is the result of aggressive exploration strategy adopted by the company. It has opened up a new avenue and would add hydrocarbon reserves of OGDC and of the country,” OGDC said.
OGDC injected 18 new wells in its production gathering system in first three quarters of the current fiscal year, adding approximately 1,337,395 barrels crude oil and 9,348 mmcf gas more in its pool, it had said earlier.
OGDCL drilled 13 new wells and made four discoveries namely Gundanwari-I, Mithri-I, Khamiso-I and Chutto-I during the current financial year so far. The new finds have daily production potential of 37 million cubic feet (mmcf) of gas and 300 barrels (bbl) of oil.