Oil and Gas Development Company Limited (OGDCL) has discovered new gas reserves in Balochistan. According to details, Oil and Gas Development Company Limited, as an operator, has discovered gas from the Lakhrad X-1 exploratory well located in Musa Khel district of Balochistan.
According to a statement issued by the company, the structure of Lakhrd X-1 was also tested after drilling using the in-house expertise of Oil and Gas Development Company Limited. Based on the log data, the well was dug 3000 m deep and tested at a flow pressure of 600 pounds per square inch (PSI) from Mughal Kot Formation at 2.5MMSCFD rate of gas and 32/64 rate of 18 bpd water. went.
The discovery of the micro-X-1 was made possible by the company's exploration strategy. This opened a new avenue and will add to the Oil and Gas Development Company Limited (OGDCL) and the country's hydrocarbon reserves. The company's strategy will also help bridge the gap between the demand and supply of oil and gas in the country by exploiting domestic resources.
Earlier, new oil reserves were discovered in the country. Earlier this month, Pakistan Petroleum Limited discovered new oil reserves from Block Bolan in Ziarat. According to a statement issued by Pakistan Petroleum Limited, the company discovered new oil reserves from Block Bolan in Ziarat. According to preliminary results, 800 barrels of oil was expected to be extracted daily from the reserves. Experts said that the discovery of this new oil reserve would help meet the demand and the reduction in crude oil imports were also expected to reduce the country's import bill.
