Pakistan OGDCL announces oil, gas discovery in KP The company said one more zone in Lumshiwal/Hangu Formation had been tested at 4.18 MMCFD of gas and 32 BPD of condensate. Published 14 July 2020 8:42 GMT. How Are Drones Helping with Abandoned Oil Wells? Why is Oil Exploration Controversial in Namibia? @Bob Yeah it seemed that their horizontal drilling reached Kuwaiti oil fields and vertical drilling may reach US or Canada Oil Fields. OGDCL confirmed on … Pakistan 's first gas field was found in late 1952 in Balochistan near the giant Sui gas field. Addressing business leaders at the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Haroon said that Exxon had drilled for oil close to the Iranian border and that the U.S. supermajor was optimistic about the oil find. The discovery coming too late. Oil, Chemical and Polymer Analysis Resources: 1 Registration Page, 11 On... Jun 02 2020 Pakistan Prime Minister Imran Khan's dream of the cash-strapped country becoming self-sufficient in oil has been dashed after no reserves were discovered in … The Pakistan Oil Limited (POL) has discovered its largest oil and natural gas reservoir in the Jhandial well located in Ikhalas block. The focus is on a corner of the country close to the Iranian border, with Pakistani Minister for Maritime Affairs and Foreign Affairs, Abdullah Hussain Haroon claiming the reserves could trump those found in Kuwait. Read 2325, Range of coaxial sensors for guided wave radar level measurement, Dec 10 2020 We hope it will be discovered soon that the unstable and falling down economy will rise and Pakistan Will become high economic growth country and will people and government from all over the world will come in invest in Pakistan. 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NOW!!!! Its commercial exploration will take 18-24 months. Earlier this year, ExxonMobil signed an agreement committing to a 25% working interest in Pakistan's offshore Indus Block G, which is co-operated by Italian major Eni and Pakistani-owned companies, Government Holdings Pvt Ltd and Oil and Gas Development Company Limited (OGDCL). Pakistan OGDCL makes oil, gas discovery in Sindh There is 1.146 MMSCFD of gas and 680 (BPD) of condensate from the well, which was drilled down to the depth of 2,442 meters. Field Development. Only 36% Of Russia’s Oil Reserves Are Profitable, IMPORTANT ARTICLE BY OILPRICE.COM EDITOR - "Naked Short Selling: The Truth Is Much Worse Than You Have Been Told", “Cushing Oil Inventories Are Soaring Again” By Tsvetana Paraskova, United States LNG Exports Reach Third Place, U.S. Presidential Elections Status - Electoral Votes, US unveils plans to counter China’s rise in Asia. Individuals should consider whether they can afford the risks associated to trading. The Pakistan Stock Exchange has also been informed about the new developments in the oil and gas fields. The discovery is expected to solve Pakistan’s energy crisis. An oil bonanza will enable the government to postpone needed fixes indefinitely. Receive our cutting-edge 3-part investor education series for FREE. ; Pakistan consumes 0.11 gallons of oil per capita every day (based on the 2016 population of 203,631,353 people), or 42 gallons per capita per year (1 barrels). Do you like or dislike what you have read? ; Pakistan consumes 0.11 gallons of oil per capita every day (based on the 2016 population of 203,631,353 people), or 42 gallons per capita per year (1 barrels). Ion Science Tiger PID Integrated into Unmanned Aeria... Field Detection Technologies for Explosives. Trading and investing carries a high risk of losing money rapidly due to leverage. An oil bonanza will enable the government to postpone needed fixes indefinitely. Long live Pakistan. Read 864, Jan 19 2021 Pakistan must take the necessary steps in order to avoid this fate. Oil & Gas Development Co. Ltd. reported an oil and gas discovery in the Sagnhar district of Sindh Province, Pakistan. Earlier today, The Oil & Gas Development Company Ltd (OGDCL) posted an official statement debunking recent claims regarding the discovery of Shale hydrocarbons by the media. WE CAN RID ourselves of the MENACE of Putin and his Russia of today which is only a rebirth of the Soviet Union! But pls donot forget our China, we can supply full package solutions from exploration and product(E&P) and even the sale out the oil, and our China have the E&P equipements and high efficent can short your first oil time. UK-listed Oil & Gas Development Company Ltd (OGDCL) has made a gas condensate discovery in the Hyderabad District of Pakistan’s Sindh province. 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