The Oil and Gas Development Company Limited on Thursday announced the discovery of oil reserves from its exploratory well Toot Deep-1 Well, located in the Attock district of Punjab.
The OGDCL being the operator of Toot Mining Lease with 100% working interest has made oil discovery from Lokhart Formation at Toot Deep-I Well which is located in Attock District.
According to the OGDCL stock filing, “Oil has been discovered at Toot Deep-1 Well at the rate of 882 Barrels per day and 0.93 million Standard Cubic Feet Per Day gas at Well Head Flowing Pressure of 600 Pounds Per Square Inch at 32/64” choke size.” The Toot Deep # 01 Well was spudded-in on December 25, 2020, and successfully drilled down to a total depth of 5,545 meters in Tobra Formation.
