Oil, gas reserves discovered

ISLAMABAD (APP) - The Oil and Gas Development Company Limited (OGDCL) as operator along with its joint venture partners Government Holdings (Pvt) Limited (GHPL) and Orient Petroleum International Inc. (OPII) has discovered oil and gas reserves in Sanghar City, Sindh Province.OGDCL sources told APP that the Company as operator along with its joint venture partners has discovered oil and gas reserves from its exploratory Well Baloch #01, in Sinjhoro Exploration License which is located at a distance of 22.5 km North West of Sanghar City, Sindh Province.The structure of Baloch Well # 01 was delineated drilled and tested by OGDCL’s in house expertise.The well was drilled down to the depth of 3463 meters, targeting to test the potential of sand body (Massive Sands) of Lower Goru formation of Cretaceous age.The significant reserves of hydrocarbons have been found at Baloch Well#01. The hydrocarbon bearing Zone comprising of 32.5 meters has tested 780 BBL of oil per day and about 3.5 MMCFD of gas through 32/64" choke, at well head flowing pressure of 880 Psi.