{"id":104567,"date":"2026-01-24T07:00:00","date_gmt":"2026-01-24T02:00:00","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=104567"},"modified":"2026-01-20T16:03:07","modified_gmt":"2026-01-20T11:03:07","slug":"ogdcl-reports-major-oil-gas-discovery-in-kp","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/ogdcl-reports-major-oil-gas-discovery-in-kp.html","title":{"rendered":"OGDCL reports major oil, gas discovery in KP"},"content":{"rendered":"\n<p>Karachi: Oil and Gas Development Company Limited (OGDCL), one of Pakistan\u2019s largest exploration and production companies, has reported a significant oil and gas discovery at the Baragzai X-01 (Slant) exploratory well in Kohat District, Khyber Pakhtunkhwa. The announcement was made through a notice to the Pakistan Stock Exchange on Tuesday.<\/p>\n\n\n\n<p>OGDCL, operator of the Nashpa Exploration License with a 65% working interest, conducted the exploration in partnership with Pakistan Petroleum Limited (PPL) \u2013 30%, and Government Holdings (Private) Limited (GHPL) \u2013 5% carried interest. The well has yielded 3,100 barrels of oil per day (BOPD) and 8.15 million standard cubic feet per day (MMSCFD) of gas, tested through a 32\/64\u2033 choke at a wellhead flowing pressure of 3,010 psig.<\/p>\n\n\n\n<p>Read: <a href=\"https:\/\/www.zameen.com\/news\/ogdcl-reports-hydrocarbon-find-in-khairpur-sindh.html\" target=\"_blank\" rel=\"noreferrer noopener\">OGDCL reports hydrocarbon find in Khairpur, Sindh<\/a><\/p>\n\n\n\n<p>The Baragzai X-01 well, spud-in on December 30, 2024, was drilled to a total depth of 5,170 meters, targeting multiple formations including Samana Suk, Shinawari, Kingriali, and Datta. Earlier tests in Kingriali and Datta formations had already indicated oil and gas potential.<\/p>\n\n\n\n<p>Industry analysts project that this discovery could contribute approximately Rs1.50 per share to OGDCL earnings and Rs1.10 per share to PPL, adding to existing production at Baragzai X-01, which currently totals 9,480 BOPD of oil and 24.25 MMSCFD of gas.<\/p>\n\n\n\n<p>OGDCL stated that the latest discovery will strengthen the company\u2019s and joint venture partners\u2019 hydrocarbon reserves and help mitigate Pakistan\u2019s energy supply\u2013demand gap through indigenous resources.<\/p>\n\n\n\n<p>The development comes shortly after PPL announced a gas discovery from its Bilitang-1 exploratory well in Kohat, highlighting the region\u2019s growing potential for hydrocarbon exploration.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Karachi: Oil and Gas Development Company Limited (OGDCL), one of Pakistan\u2019s largest exploration and production companies, has reported a significant oil and gas discovery at the Baragzai X-01 (Slant) exploratory well in Kohat District, Khyber Pakhtunkhwa. The announcement was made through a notice to the Pakistan Stock Exchange on Tuesday. OGDCL, operator of the Nashpa Exploration License with a 65% working interest, conducted the exploration in partnership with Pakistan Petroleum Limited (PPL) \u2013 30%, and Government Holdings (Private) Limited (GHPL) \u2013 5% carried interest. The well has yielded 3,100 barrels of oil per day (BOPD) and 8.15 million standard cubic feet per day (MMSCFD) of gas, tested through a 32\/64\u2033 choke at a wellhead flowing pressure of 3,010 psig. Read: OGDCL reports hydrocarbon find in Khairpur, Sindh The Baragzai X-01 well, spud-in on December 30, 2024, was drilled to a total depth of 5,170 meters, targeting multiple formations including Samana Suk, Shinawari, Kingriali, and Datta. Earlier tests in Kingriali and Datta formations had already indicated oil and gas potential. Industry analysts project that this discovery could contribute approximately Rs1.50 per share to OGDCL earnings and Rs1.10 per share to PPL, adding to existing production at Baragzai X-01, which currently totals&hellip;<\/p>\n","protected":false},"author":18,"featured_media":98527,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15017],"tags":[69831,70787,70785,31136,37660,7745,18315,1375,17226,70786,55584,37031,54721,60833,63388,14613],"persona":[],"class_list":{"0":"post-104567","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-notices-announcements","8":"tag-baragzai-x-01","9":"tag-domestic-energy-supply","10":"tag-ep-companies","11":"tag-energy-sector","12":"tag-gas-discovery","13":"tag-ghpl","14":"tag-hydrocarbon-reserves","15":"tag-khyber-pakhtunkhwa","16":"tag-kohat","17":"tag-nashpa-exploration-license","18":"tag-ogdcl","19":"tag-oil-and-gas-production","20":"tag-oil-discovery","21":"tag-pakistan-energy","22":"tag-pakistan-petroleum-limited","23":"tag-ppl","24":"cat-15017-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>OGDCL reports major oil, gas discovery in KP - Zameen News<\/title>\n<meta name=\"description\" content=\"The development comes shortly after PPL announced a gas discovery from its Bilitang-1 exploratory well in Kohat, highlighting...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/ogdcl-reports-major-oil-gas-discovery-in-kp.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"OGDCL reports major oil, gas discovery in KP - Zameen News\" \/>\n<meta property=\"og:description\" content=\"The development comes shortly after PPL announced a gas discovery from its Bilitang-1 exploratory well in Kohat, highlighting...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/ogdcl-reports-major-oil-gas-discovery-in-kp.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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