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OGDCL termed the new oil and gas reserves as a great achievement and said that the new discovery in Musa Khel district of Balochistan was a great achievement.
According to OGDCL, gas reserves have been found from a well in Musa Khel district of Balochistan. In Musa Khel district, Lakirod one forest well is 3,000 meters deep.
OGDCL said that the initial investigation has found gas reserves of 2.5 million cubic feet per day, while the test will also find 18 barrels of crude oil per day.
OGDCL says that the Pakistan Stock Exchange has also been informed about the great success of the new discovery of oil and gas in Musa Khel.
On November 13, Pakistan Petroleum Limited announced the good news that crude oil production has started from the discovered oil reserves in Ziarat, Balochistan.
In this regard, Pakistan Petroleum Limited has issued a statement saying that the company has started production of crude oil in Ziarat, an oil well was discovered here in 2018, which is estimated to produce 800 barrels per day of crude oil. Is.
A PPL statement said the Attock refinery would buy crude oil from the discovered well, which is expected to produce 800 barrels of oil per day. The company has also signed an agreement with the Attock refinery in this regard.
It may be recalled that in August this year, OGDCL had also discovered new oil and gas reserves in Kohat district. The Oil and Gas Development Company said that the Togh Bala Well No. 1 to 9 MMSCFD per day. Gas will be available, while 125 barrels of oil per day will also be extracted from the well.
This was the second consecutive success in oil and gas exploration in the Kohat block, officials said, adding that the success of Tugh Bala Well No. 1 was the result of a brilliant exploration strategy.