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Monday, November 25, 2024

Home Business OGDCL makes four discoveries in 1st half of 2021-22

OGDCL makes four discoveries in 1st half of 2021-22

by News desk
April 2, 2022
in Business

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The Oil and Gas Development Company Limited (OGDCL) has made four hydrocarbon discoveries with expected cumulative daily production potential of 39 MMCF gas and 2,850 BBL of crude oil, during first half of the current fiscal year in different parts of the current year.

The discoveries include Wali-1 (Kawagarh), Wali-1 (Hangu) and Wali-1 (Lockhart) in district Frontier Region Lakki of Khyber Pakhtunkhwa and Jandran West-1 in district Kohlu of Balochistan province, according to a financial report for second quarter of year 2021-22 available with APP.

During the period under review, the company spud six wells including four exploratory wells (Bago Phulphoto-1, Bewato-1.—APP