• Advertise
  • Contact Us
  • Daily The Business
  • Privacy Policy
Friday, December 26, 2025
Daily The Business
  • Login
No Result
View All Result
DTB
No Result
View All Result
DTB

OGDCL discovers oil at Chakar-1 Well in Tando Allah Yar

August 4, 2025
in Business & Finance
OGDCL discovers oil at Chakar-1 Well in Tando Allah Yar
Share on FacebookShare on TwitterWhatsapp

ISLAMABAD: Oil and Gas Development Company Limited (OGDCL), as the operator of the TAY Exploration License with a 95% working interest, along with its joint venture partner, Government Holdings (Private) Limited (GHPL), which holds a 5% carried interest, has announced an oil discovery at the Chakar-1 exploratory well located in the Tando Allah Yar district of Sindh.

The Chakar-1 well was spudded on June 2, 2025, as an exploratory well under the Tando Allah Yar Exploration License and drilled to a total depth of 1,926 meters into the Upper Shale of the Lower Goru Formation. Based on the interpretation of wireline logs and Reservoir Evaluation Services (RES) log, a Drill Stem Test (DST) was conducted in the B-Sand, followed by testing with an Electrical Submersible Pump (ESP).

The well produced 275 barrels of oil per day (BOPD) through a 32/64” choke at a wellhead flowing pressure (WHFP) of 400 psi. Furthermore, during formation testing using RES, the Lower Ranikot formation also showed the presence of oil.

Copyright media, 2025

Tags: Electrical Submersible PumpGHPLOGDCL
Share15Tweet10Send
Previous Post

CCP raids premises of 2 leading fan manufacturers, their association in Gujrat

Next Post

World economies reel from Trump’s tariffs punch – World

Related Posts

All tax offices to remain open Dec 27
Business & Finance

All tax offices to remain open Dec 27

December 26, 2025
Jewellers Market’s delegation visits LCCI: Serious concerns voiced over major gold fraud case
Business & Finance

Jewellers Market’s delegation visits LCCI: Serious concerns voiced over major gold fraud case

December 26, 2025
PIA to be run by new owners from April: privatisation chief
Business & Finance

PIA to be run by new owners from April: privatisation chief

December 25, 2025
Seafood exports to EU states unlikely to resume next year
Business & Finance

Seafood exports to EU states unlikely to resume next year

December 25, 2025
FBR accused of creating hostile business climate
Business & Finance

FBR accused of creating hostile business climate

December 25, 2025
Setting up of NEP endorsed: PM approves wheeling charges auction guidelines
Business & Finance

Setting up of NEP endorsed: PM approves wheeling charges auction guidelines

December 25, 2025

Popular Post

  • FRSHAR Mail

    FRSHAR Mail set to redefine secure communication, data privacy

    126 shares
    Share 50 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

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

    48 shares
    Share 19 Tweet 12
  • SingTel annual profit more than halves on $2.3bn impairment charge

    47 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.