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New oil, gas reserves discovered in Sindh

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In a significant development, Oil & Gas Development Company Limited, one of Pakistan’s leading exploration and production state-owned companies, has discovered gas and condensate at Dars West Well 02, located in Tando Allahyar District, Sindh.

The development was shared by the company in its filing to the Pakistan Stock Exchange on Friday.

“The Joint Venture of Dars West Development and Production Lease comprising Oil & Gas Development Company Limited as the operator (77.5 %) & GHPL (22.5 % carried) has discovered Gas & Condensate from its exploratory efforts into “C” Sands of Lower Goru Formation over Development Well Dars West 02,” the company’s filing on PSX revealed today.

Dars West Well has tested 8.51 million standard cubic feet per day (MMSCFD) gas, 360 barrels per day condensate through choke size 32/64? at Well Head Flowing Pressure 1947 Pounds per Square Inch from Lower Guru C-Sand (Exploratory Zone).

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