OGDCL Discovers Gas and Condensate in Sindh
It has announced that it holds a 76% working interest in this exploratory venture.
Oil & Gas Development Company Limited (OGDC) has made a significant discovery in Sindh. The company, along with its partners, found gas condensate at the Baloch-2 well located in the Sinjhoro Block, Sanghar.
OGDC announced that it holds a 76% working interest in this exploratory venture. This discovery marks a notable achievement for OGDC, potentially boosting the company’s production and revenue.
The Baloch-2 well, part of the Sinjhoro Block, has shown promising results. The presence of gas condensate suggests substantial potential for further exploration and development in the region. This discovery could enhance the local energy sector and contribute to meeting Pakistan’s growing energy demands.
OGDC’s partners in this venture include several key players in the oil and gas industry. Their collaboration has been crucial in achieving this breakthrough. The discovery is expected to lead to more detailed assessments and development activities in the area.
The company is now focusing on the next steps, including evaluating the full potential of the discovery and planning further drilling and extraction processes. The successful discovery at Baloch-2 highlights OGDC’s ongoing efforts to explore and develop new energy resources in Pakistan.
This find could have a positive impact on the country’s energy landscape, providing additional resources and contributing to energy security. OGDC’s latest achievement underscores its commitment to expanding its exploration and production activities, reinforcing its position as a leading player in Pakistan’s oil and gas sector.
