Islamabad December 8 2023: Oil And Gas Development Company discovered 8.56 MMCFD gas and 356 BPD of Oil at Dars West Development and Production Lease, according to company filing to the exchange.
The Joint Venture of Dars West Development and Production Lease (D&PL) Comprising Oil & Gas Development Company Limited (OGDCL) as Operator (77.5 %) & GHPL (22.5 % carried) has discovered Gas & Condensate from its exploratory efforts into “C” Sands of Lower Goru Formation over Development Well Dars West # 02, located in district Tando Allah Yar, Sindh Province.
The structure of Dars West Well # 02 was drilled and tested using OGDCL’s in house expertise. The well was drilled down to the depth of 2081 Meters. The well has tested 8.51 Million Standard Cubic Feet per Day (MMSCFD) gas, 360 Barrels Per Day (BPD) condensate through choke size 32/64″ at Well Head Flowing Pressure 1947 Pounds per Square Inch (PSI) from Lower Guru C-Sand (Exploratory Zone).
The discovery of Dars West Well # 02 is the result of aggressive exploration strategy adopted by the Company. It would add to the hydrocarbon reserves base of the OGDCL, Joint Venture Partners and of the Country.