• Advertise
  • Contact Us
  • Daily The Business
  • Privacy Policy
Tuesday, March 3, 2026
Daily The Business
  • Login
No Result
View All Result
DTB
No Result
View All Result
DTB

OGDCL commences tight gas production from Sindh

August 12, 2024
in Business
OGDCL commences tight gas production from Sindh
Share on FacebookShare on TwitterWhatsapp

Oil and Gas Development Company Limited (OGDCL), Pakistan’s largest exploration and production (E&P) company, has commenced the production of tight gas from Nur West Well-1 located in Sindh.

The listed company shared the development in a notice to the Pakistan Stock Exchange (PSX) on Monday.

“OGDCL is pleased to report the commencement of early commercial production of tight gas from Nur West Well-1. OGDCL holds 100% working interest in Nur Development & Production Lease (D&PL), located in district Sujawal, Sindh,” read the notice.

Tight gas refers to natural gas extracted from reservoir rocks with extremely low permeability, necessitating significant hydraulic fracturing to produce gas at economic rates. These resources are trapped in hard, impermeable rock formations, making extraction challenging.

OGDCL in its notice shared that the well currently produces 1.5 million standard cubic feet per day (MMSCFD) of gas with a wellhead flowing pressure of 1050 PSI, sourced from the Lower Guru formation.

“The gas has been integrated into the Sui Southern Gas Company Limited (SSGCL) network, consequently strengthening the national gas supply infrastructure,” it said.

The well was drilled to a depth of 2,975 meters. “The well encountered a tight formation, and conventional testing methods did not yield favorable outcomes. Hydraulic fracturing was subsequently employed to achieve production viability,” it explained.

OGDCL informed that the company has formulated a tight gas exploration and development roadmap which is currently under implementation, “reaffirming the company’s commitment to augmenting energy resources, securing national energy needs, and promoting sustainable development across Pakistan”.

Earlier this month, OGDCL announced further testing results from the newly discovered Razgir-1 exploratory well in the Kawagarh formation, located in the Kohat district of Khyber Pakhtunkhwa.

Oil and Gas Development Company Limited (OGDCL), Pakistan’s largest exploration and production (E&P) company, has commenced the production of tight gas from Nur West Well-1 located in Sindh.

The listed company shared the development in a notice to the Pakistan Stock Exchange (PSX) on Monday.

“OGDCL is pleased to report the commencement of early commercial production of tight gas from Nur West Well-1. OGDCL holds 100% working interest in Nur Development & Production Lease (D&PL), located in district Sujawal, Sindh,” read the notice.

Tight gas refers to natural gas extracted from reservoir rocks with extremely low permeability, necessitating significant hydraulic fracturing to produce gas at economic rates. These resources are trapped in hard, impermeable rock formations, making extraction challenging.

OGDCL in its notice shared that the well currently produces 1.5 million standard cubic feet per day (MMSCFD) of gas with a wellhead flowing pressure of 1050 PSI, sourced from the Lower Guru formation.

“The gas has been integrated into the Sui Southern Gas Company Limited (SSGCL) network, consequently strengthening the national gas supply infrastructure,” it said.

The well was drilled to a depth of 2,975 meters. “The well encountered a tight formation, and conventional testing methods did not yield favorable outcomes. Hydraulic fracturing was subsequently employed to achieve production viability,” it explained.

OGDCL informed that the company has formulated a tight gas exploration and development roadmap which is currently under implementation, “reaffirming the company’s commitment to augmenting energy resources, securing national energy needs, and promoting sustainable development across Pakistan”.

Earlier this month, OGDCL announced further testing results from the newly discovered Razgir-1 exploratory well in the Kawagarh formation, located in the Kohat district of Khyber Pakhtunkhwa.

Tags: OGDCLPakistan energy sectorPSXPSX noticeSINDH ENERGY SECTORSSGCtight gas
Share15Tweet10Send
Previous Post

Millat Tractors warns of shutdown amid GST dispute and plummeting sales

Next Post

US beefs up posture in Middle East, warns an Iran-backed attack on Israel could come this week

Related Posts

Appointment as CCP chairperson: MoF awaits retirement of bureaucrat? - Pakistan
Business

Appointment as CCP chairperson: MoF awaits retirement of bureaucrat? – Pakistan

March 3, 2026
Oil surges as Iran conflict disrupts Middle Eastern supply flow - Markets
Business

Oil, gas surge as Iran conflict disrupts Middle Eastern flows – Markets

March 2, 2026
Aluminium hits one-month high as focus turns to Middle Eastern supplies - Markets
Business

Aluminium hits one-month high as focus turns to Middle Eastern supplies – Markets

March 3, 2026
Oil surges as Iran conflict disrupts Middle Eastern supply flow - Markets
Business

Oil surges as Iran conflict disrupts Middle Eastern supply flow – Markets

March 2, 2026
Traders for early clearance of containers at Azakhel Dryport - Business & Finance
Business

Traders for early clearance of containers at Azakhel Dryport – Business & Finance

March 2, 2026
Xiaomi says February EV deliveries topped 20,000, down from January - Markets
Business

Xiaomi says February EV deliveries topped 20,000, down from January – Markets

March 1, 2026

Popular Post

  • FRSHAR Mail

    FRSHAR Mail set to redefine secure communication, data privacy

    127 shares
    Share 51 Tweet 32
  • How to avoid buyer’s remorse when raising venture capital

    33 shares
    Share 337 Tweet 211
  • Microsoft to pay off cloud industry group to end EU antitrust complaint

    55 shares
    Share 22 Tweet 14
  • Capacity utilisation of Pakistan’s cement industry drops to lowest on record

    49 shares
    Share 20 Tweet 12
  • Inflation is down in Europe. But the European Central Bank is in no hurry to make more rate cuts

    48 shares
    Share 19 Tweet 12
American Dollar Exchange Rate
  • Advertise
  • Contact Us
  • Daily The Business
  • Privacy Policy
Write us: info@dailythebusiness.com

© 2021 Daily The Business

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Advertise
  • Contact Us
  • Daily The Business
  • Privacy Policy

© 2021 Daily The Business

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.