The Oil and Gas Development Company (OGDCL) has discovered hydrocarbons within three wells located in the Sindh province, Pakistan.
In a filing with the Karachi stock exchange, the firm stated that two exploration wells are situated in Ghotki, while the other is in the Khairpur district.
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The three exploratory wells are Gundanwari-1, Mithri-1 and Khamiso well-1.
OGDCL holds a 70% stake at the Khamiso-01 well in Ghotki, while SEPL holds 13.5%, IPRTOC 11.5% and GHPL 5%.
The wells were drilled down to a depth of 753m and 2.95 million cubic feet a day (mmcfd) of gas was found through a 32in / 64in choke at wellhead flowing pressure of 505 pounds per square inch (psi).
OGDCL has a 95% stake in the Gundanwari-01 well while Government Holdings holds the remaining interest.
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By GlobalDataThe well was drilled to a depth of 3,750m, and 19.40mmcfd of gas along with 15 barrels per day of condensate were found through a 32.64in choke at wellhead flowing pressure of 3,300psi.
The Mithri-01 exploration well also had the same structure as the Gundanwari-1 well, reported Rigzone.com.
The three wells will lead to an increase of 30 million square cubic feet a day (mmscfd) of gas for total production in Pakistan.
