Monday, May 12 2025

Oil & Gas Development Company Limited (OGDCL), Pakistan’s largest exploration and production (E&P) firm, has announced the successful discovery of gas condensate reserves at the Baloch-2 well in Sanghar district, Sindh.

This development is a significant milestone for the Sinjhoro block, particularly within the Sembar Formation, according to a notice issued by the company to the Pakistan Stock Exchange (PSX) on Friday.

The discovery is a joint venture effort, with OGDCL serving as the operator with a 76% working interest. The venture also includes Orient Petroleum (19%) and Government Holdings (Private) Limited (GHPL) (5%). The Baloch-2 well, located within the Sinjhoro Exploration Licence, represents a key exploratory success in the Sembar Formation.

OGDCL reported that the Baloch-2 well was spudded on February 24, 2024, reaching a total depth of 3,920 meters. This effort was supported by in-house evaluations and technical collaboration with the joint venture partners.

According to the company, the well has tested 6.8 million standard cubic feet per day (mmscfd) of gas and 388 barrels of condensate per day (bcpd) during Drill Stem Test-3, conducted at a choke size of 32/64” with a Well Head Flowing Pressure (WHFP) of 2180 Pounds per square inch (Psi).

The notice highlighted the Sembar Formation’s strong hydrocarbon potential, which extends across the Middle and Lower Indus Basin of Pakistan.

This discovery not only confirms the formation’s capacity but also opens new avenues for further exploration and development in the Sinjhoro block. OGDCL is also planning to re-enter previously shut-in wells and expedite the full development of the Sembar Formation’s potential.

Earlier in the month, OGDCL had also commenced production of tight gas from the Nur West Well-1, located in Sindh.

Previous

Textile Leaders Call For Govt Action On Export Growth

Next

Fiscal Reforms Drive Economic Growth for Pakistan in FY25

About Author

Nizam Khaskheli

The author is a staff member and can be reached at nizam@madzine.pk

Leave a Reply

Your email address will not be published. Required fields are marked *

Check Also

WIDGETS ON SIDE PANEL

Don’t Miss

Pakistan–India Conflict Disrupts Brand Messaging and Celebrity Narratives - Madzine

Pakistan–India Conflict Disrupts Brand Messaging and Celebrity Narratives

Web Desk

Pakistani Brands Exercise Caution Amid Regional Tensions As tensions escalated between Pakistan and India in early May 2025, Pakistani brands adopted a subdued stance. The Pakistan Cricket Board (PCB) moved the remaining matches of the HBL Pakistan Super League (PSL) to the UAE, citing safety concerns following an alleged Indian attack on a local stadium. […]

Media planning

Why is Brainchild automating TV media planning?

Editorial

Amid the massive restructure at Brainchild, which has led to mass resignations, the most interesting market rumour suggested that the Publicis Groupe affiliated agency was automating the TV media planning process. Within Brainchild, the project is referred to as Opta and it pull information via an API from Kantar while utilising an IFTTT protocol to […]

Brainchild

Brainchild restructure prompts senior talent exodus

Editorial

Brainchild, a media agency affiliated with the Publicis Groupe, experienced a mass exodus in March: Why did this happen?Industry insiders shared that cash flow issues were the primary reason. Circulars from Pakistan Broadcasting Association for Q1 2025 show that over 60% of the suspended advertisers are clients of Brainchild. These include Procter & Gamble, Mobilink, […]

Jazz

How should M&A at Jazz react to PTCL’s acquisition of Telenor?

Danish Ejaz

In last week’s story about Jazz hiring GroupM, Madzine predicted that telecom companies will invest in either building, acquiring, or partnering with digital assets-as-a-service (DAaaS) infrastructure companies. Today, e& Capital announced it had invested in a digital assets infrastructure firm called Fuze. “This will help telecoms enable financial institutions and businesses across the region offer […]

United States Trade Representative keeps Pakistan on watch list over intellectual property

Nizam Khaskheli

Pakistan remains on the United States Trade Representative (USTR) Watch List in 2025 due to limited progress in intellectual property (IP) protection and enforcement. While the Intellectual Property Organization (IPO) launched a five-year national strategy and some enforcement actions were undertaken by PEMRA, the Competition Commission, the Federal Investigation Agency (FIA), and Customs, these efforts […]

EssenceMediacom Wins Big in APAC - But What’s Next? - Madzine

EssenceMediacom Wins Big in APAC – But What’s Next?

Business Desk

EssenceMediacom has maintained its leadership in Campaign Red’s April APAC new-business rankings, despite exiting the global top 20 after the high-profile loss of the Coca-Cola North America account. The agency’s position in Asia-Pacific remains solid, thanks to significant wins that underscore the region’s growing strategic importance in global media planning. Key Wins Drive APAC Dominance […]