A Business Recorder story:

Oil & Gas Development Company Limited (OGDCL), the country’s largest hydrocarbon exploration firm, has discovered gas at the Chak 214-1 exploratory well, located in Rahim Yar Khan, Punjab.

The exploration & production firm announced the development in a notice to the Pakistan Stock Exchange (PSX) on Tuesday.

“OGDCL, being operator of Mari East Block (100%), has discovered gas at the Chak 214-1 exploratory well situated in the District Rahim Yar Khan, Punjab province,” read the notice.

The company shared that Chak 214-1 well was spudded on 29th June 2023, utilising OGDCL’s in-house expertise.

“The well reached a depth of 1,851 meters. Based on wireline log interpretations, Drill Stem Test- 1 conducted in the Dunghan Formation demonstrated a yield of 1.1 million standard cubic feet per day (mmscfd) of gas with a choke size of 32/64” and a Well Head Flowing Pressure (WHFP) of 230 Pounds per Square Inch (PSI). Furthermore, Drill Stem Test-2 in the Sui Main Limestone (SML) yielded 1.31 MMSCFD of gas at the same choke size and a WHFP of 260 PSI,“ read the notice.

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