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January 03, 2012

OGDCL discovered natural gas new reserves in Dera Bugti


imajjjjjKARACHI: Oil and Gas Development Company (OGDC) has discovered significant natural gas reserves from its exploratory well at Zin X-1 well site in Dera Bugti, Balochistan.
According to the communiqué sent to KSE here Tuesday, the deep well was drilled down to a target depth of 2300 metres, targeted to test the hydrocarbon potentials of Pab sandstone and Sui main limestone formations.
The first targeted zone pab sandstone of cretaceous ground has tested 5.48 mmscf gas per day with the flowing pressure of 1050 PSI on 32/64" choke size.
OGDC is the operator with 95 percent working interest in Zin Exploration License together with its joint venture partner Government Holdings Pvt Ltd (5 percent stake).