Oil and Gas Development Company Limited (OGDCL) has announced the discovery of oil and gas reservoir in district Sanghar of Sindh province. According to OGDCL statement, the oil and gas reservoir was discovered in exploratory well Pandhi -1.
The discovery was made by the joint venture of Bitrism block comprising OGDCL as the operator with 95% shareholding and Government Holdings Private Limited with 5% shareholding.
According to the statement from OGDCL the well was drilled to the depth of 3600 meters. Initial test have revealed flow of 9.12 Million Standard Cubic Feet per Day gas and 520 barrels per day (bpd) of oil.
This is the second discovery of Oil and gas reservoirs for this year. In May 2019 OGDCL had announced that it has struck a discovery in Tando Muhammad Khan district of Sindh province, where the initial well test indicated 10.44 MMCFD gas and 120 barrels per day condensate oil.