Oil and Fuel Growth Firm Restricted (OGDC) on Tuesday introduced one other main oil and gasoline discovery at its exploratory properly Baragzai X-01 (Slant) within the Nashpa Block in Kohat district of Khyber-Pakhtunkhwa, underlining the world’s rising significance for Pakistan’s power safety.
The properly, drilled to a depth of 5,170 metres, efficiently examined the Samana Suk and Shinawari formations and is producing 3,100 barrels of oil per day and eight.15 million customary cubic ft of gasoline per day, OGDC mentioned in a press release. The properly flowed by a 32/64-inch choke at a wellhead strain of three,010 kilos per sq. inch gauge, confirming the industrial viability of the invention.
The newest discover marks OGDC’s third discovery in only one month in the identical area. Collectively, the three discoveries are producing 9,480 barrels of oil per day, accounting for about 14.5% of Pakistan’s present home crude oil manufacturing. Officers mentioned the output is anticipated to assist slender the power supply-demand hole and cut back reliance on costly oil imports.
Learn: OGDC ramps up unconventional gasoline plans
The Baragzai X-01 properly was spudded on December 30, 2024, as a part of OGDC’s broader effort to evaluate the hydrocarbon potential of a number of formations within the Nashpa Block. These embrace Lockhart, Hangu, Lumshiwal, Samana Suk, Shinawari, Datta and Kingriali, with earlier evaluations already resulting in discoveries within the Kingriali and Datta formations.
OGDC operates the Nashpa Exploration License with a 65% working curiosity, whereas Pakistan Petroleum Restricted and Authorities Holdings Personal Restricted are three way partnership companions. The corporate mentioned the discoveries would have constructive implications for Pakistan’s nationwide power safety.
The continued success of exploration in Khyber-Pakhtunkhwa comes as OGDC seeks to faucet Pakistan’s tight and shale gasoline sources, lengthy seen as an underdeveloped home power supply. The corporate plans to speed up shale gasoline exploration in 2026-27, beginning with a five- to six-well programme that would finally develop to a whole lot, or much more than 1,000, wells throughout the nation.
Officers mentioned the brand new discoveries come at a important time as Pakistan struggles with persistent power shortages, and elevated native manufacturing might supply some reduction to the nation’s power provide disaster.
