New oil, gas reserves discovered in Sindh’s Khairpur

The Oil and Gas Development Company (OGDCL) has found oil and gas reserves in Sindh's Khairpur district on Monday.

According to a statement issued by the company, a well was drilled at Kharo-1 in the Khewari exploration license area.

"OGDCL operates the Khewari Block, holding a 95% working interest, with GHPL (Government Holdings Private Limited) as a joint venture partner holding a 5% working interest," it added.

The well was drilled down to a depth of 3,762 meters, an OGDCL press release said.

According to a preliminary test, the well can produce 91 barrels per day (BPD) of condensate through 32/64-inch choke at wellhead flowing press of 2,737 pounds per square inch (psi) and 14.3 million standard cubic feet per day (MMSCFD) gas.

"The discovery at Kharo-1 is a testament to the diligent and strategic exploration approach adopted by the Company. It has the potential to significantly enhance the hydrocarbon reserves of OGDCL and its esteemed joint venture partners, and ultimately contribute to the national energy resources of the Country," the statement said.

Earlier in December 2023, OGDCL had discovered major oil and gas reserves from Daras West Well No. 2 in Sindh's Tando Allahyar district.