Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Breaking News

OGDCL announces oil, gas discovery at Baragzai X-01 well in KP

byCT Report
04/03/2026
in Breaking News, Latest News, National
Share on FacebookShare on Twitter

KOHAT: Oil and Gas Development Company Limited has announced a new oil and gas discovery at the Baragzai X-01 (Slant) exploratory well in the Nashpa exploration block located in Kohat district of Khyber Pakhtunkhwa.

According to a disclosure by the company, the discovery was made in the Lockhart Limestone formation during a cased-hole drill stem test. According to the company, the well produced 3,765 barrels of oil per day and 11.2 million standard cubic feet per day of gas through a 32/64-inch choke with a wellhead flowing pressure of 4,080 psig.

You might also like

Pakistan, Iran agree to keep border crossings open round the clock to boost trade

15/08/2026

Rs563m bank cheques dishonored during FY 2020-21, says report

15/08/2026

OGDCL operates the Nashpa exploration licence with a 65 percent working interest, while joint venture partners include Pakistan Petroleum Limited with a 30 percent stake and Government Holdings (Private) Limited holding 5 percent carried interest.

The Baragzai X-01 (Slant) well was spudded on December 30, 2024 to evaluate hydrocarbon potential in multiple geological formations including Lockhart, Hangu, Lumshiwal, Samana Suk, Shinawari, Datta and Kingriali.

The well was drilled to a total depth of 5,170 metres in the Kingriali formation. Earlier drill stem tests conducted in Kingriali, Datta, Samana Suk–Shinawari and Hangu–Lumshiwal formations also indicated oil and gas presence.

The company said the discovery is expected to strengthen the country’s domestic hydrocarbon reserves and contribute to addressing the energy supply gap through indigenous resources.

Related Stories

Pakistan, Iran agree to keep border crossings open round the clock to boost trade

byCT Report
15/08/2026

ISLAMABBAD: Pakistan and Iran on Wednesday agreed to further expand trade ties by keeping border crossings open round the clock,...

Rs563m bank cheques dishonored during FY 2020-21, says report

byCT Report
15/08/2026

LAHORE: It has been revealed that bank cheques worth over Rs563.2 million, belonging to industrialists, have been dishonored. The audit...

FBR slaps new daily fines on delayed customs clearance starting Oct 1

byCT Report
15/08/2026

ISLAMABAD: The Federal Board of Revenue (FBR) has introduced new graded penalties for delays in filing goods declarations and clearing...

Pakistan’s foreign exchange reserves rise by $14m to $22.5b

byCT Report
15/08/2026

KARACHI: Pakistan’s total liquid foreign exchange reserves increased by $14 million during the week ended August 7, 2026, reaching $22.498...

Next Post

Ambassador Varga highlights strong potential for bilateral trade growth

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.