PR No. 126 Significant Oil And Gas Discoveries By OGDCL: Shahid Khaqan Abbasi Islamabad

Federal Minister for Petroleum and Natural Resources Mr. Shahid Khaqan Abbasi has given the nation the good news of discovery of gas and oil reserves in Thal (Sindh Province) and District Kark Khyber Pakhtunkhawa (KPK) Province by OGDCL.

He disclosed this news to the media here today at OGDCL Head Office. These substantial discoveries will soon be the part of the system, he further said.

These discoveries include Thal East -1, which is located in district Sukhur, OGDCL 100% owned Block 2769-15 (Thal) Exploration Licence falls in district Khairpur, Sukhur and Ghotki of Sindh Province..

Structure of Thal East#01 was delineated, drilled and tested using OGDCL’s in house expertise. The well was drilled down to the depth of 4468M, targeting to test the hydrocarbon potential of Massive and Basal sands of Lower Goru Formation and to any prospective sand of Sembar Formation, whereby reserves of hydrocarbon have been found in Basal Sand of Lower Goru Formation. The Zone has produced 23.50MMSCFD of gas through 36/64” choke at well head flowing pressure of 3820Psig.

The discovery of Thal East Well #01, will add to the significant hydrocarbon reserves base of the OGDCL and the country. One more Zone in Lower Goru formation Sand is available which is yet to be tested and hopefully it will add more reserves. The completion strategy will be finalized based on testing results of both zones in the well.

In response to a question Mr. Zahid Mir MD/CEO replied that OGDCL is involved in the exploration and production of hydrocarbons in the province of Balochistan and currently possess 24 exploration licenses. OGDCL is actively drilling in Balochistan and also has started conducting 2D and 3D seismic data surveys in eight blocks in Balochistan. Some of the seismic acquisition is being carried out through third party foreign contractors as well. OGDCL is currently producing gas from its Uch, Loti and Pirkoh fields. The Company has been able to move into areas in Balochistan which were previously inaccessible due to the security situation for which I must emphasize and laud the complete commitment and full support of the current Government. OGDCL has started exploration work in Kup, Kohlu, Zin, and many other areas in Balochistan and expects to start exploration work in Block 28 as well, where the approval of operatorship is expected to be accorded by DGPC very soon. All in all, the Company is leaving no stone unturned in its efforts of bringing energy to our energy starved nation.

The Minister said that these discoveries will go a long way is bridging the gas shortage. He further added that domestic consumers are our top priority and we will mobilize all our resources to reduce the gas shortage to minimum possible level.