The Oil and Gas Development Company Limited (OGDCL) has informed the Pakistan Stock Exchange (PSX) today that a significant gas-condensate discovery from its exploration efforts at
Kharo-1, a well drilled in the Khewari exploration license area, is located in District Khairpur, Sindh Province. OGDCL operates the Khewari Block, holding a 95% working interest, with GHPL (Government Holdings Private Limited) as a joint venture partner holding a 5% working interest.

Drilling and testing operations for the Kharo-1 well structure, undertaken with the proprietary expertise of OGDCL, achieved a depth of 3,762 meters. Subsequent testing procedures registered 14.3 million standard cubic feet per day (MMSCFD) of gas and 93 barrels per day (bbls/d) of condensate. The results were attained at a 32/64-inch choke size under a wellhead flowing pressure (WHFP) of 2,737 pounds per square inch (psi), emanating from the Massive sand strata of the Lower Goru Formation.

The discovery at Kharo-1 is a testament to the diligent and strategic exploration approach adopted by the Company. It has the potential to significantly enhance the hydrocarbon reserves of OGDCL and its esteemed joint venture partners and ultimately contribute to the country’s national energy resources.