OGDCL has informed that the oil production has been restored at the site, with current extraction rates reaching approximately 1,000 barrels of crude oil per day ending a 4.5-year hiatus in operations. The oil production from the well was suspended in 2020 owing to technical faults. The revival of these wells was made possible through […]
The discovered reserves are capable of producing up to 2.14 million cubic feet of gas per day. The discovery will significantly enhance the country’s energy self-sufficiency. It will also open up new ways for further exploration in the mining sector. On December 13, Oil and Gas Development Company Limited (OGDCL) announced the discovery of an […]
According to the Oil and Gas Development Company Limited (OGDCL), the new reserves were found in the Bettani-2 well located in Lakki Marwat district. The discovery is expected to increase Pakistan’s gas and oil reserves, with the well currently producing 2.14 million standard cubic feet of gas and 74 barrels of condensate per day. This […]
“The joint venture of Sinjhoro block comprising Oil & Gas Development Company Limited (OGDCL) as operator with 76% working interest, Orient Petroleum (19%) and Government Holdings (Private) Limited (GHPL) (5%) has made gas condensate discovery at the Baloch-2 well in the exploratory zone of Sembar Formation, in Baloch Development and Production Lease (D&PL), Sinjhoro Exploration […]
According to the Pakistan Petroleum Information Service, the country’s oil production has decreased by 24,000 barrels per day over the past 10 years. In 2015, the daily oil production was 94,500 barrels, which dropped to 70,500 barrels in 2024. Similarly, gas production has also seen a decline of 900 million cubic feet per day over […]
