OGDCL Discovery: Company Finds Gas and Condensate at Exploratory Well in Sindh

KARACHI: Oil and Gas Development Company Limited (OGDCL), one of Pakistan’s largest exploration and production companies, has discovered gas and condensate at its Bitrisim Northwest-1 exploratory well in District Khairpur, Sindh.

The listed company disclosed the discovery in a notice submitted to the Pakistan Stock Exchange (PSX) on Wednesday.

The well is located in the Bitrisim Exploration Licence, where OGDCL operates with a 95% working interest, while Government Holdings (Private) Limited (GHPL) holds the remaining 5%.

According to the company, testing yielded 12.8 million standard cubic feet per day (MMSCFD) of gas and 175 barrels of condensate per day through a 32/64-inch choke. The well recorded a wellhead flowing pressure of 3,020 pounds per square inch (psi).

OGDCL said it spudded the Bitrisim Northwest-1 well on August 21, 2026, and drilled it to a total depth of 3,732 metres in the Sembar Formation. Based on well-log interpretations, the company conducted a Drill Stem Test (DST) in the Basal Sands of the Lower Goru Formation.

The company said it is accelerating the necessary work to connect the well to the national gas gathering system on a fast-track basis, allowing it to begin commercialising the discovery at the earliest opportunity.

OGDCL expects the discovery to strengthen its hydrocarbon reserves and support Pakistan’s energy security by helping address the widening gap between domestic energy demand and supply through locally produced resources.

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OGDCL is Pakistan’s largest exploration and production company, with operations spanning exploration, drilling services, production, reservoir management and engineering support.

The company holds the country’s largest exploration acreage, covering more than 40% of Pakistan’s total awarded acreage, and has substantial net oil and gas resources.

The Government of Pakistan holds more than 67% of OGDCL’s shares, making it the company’s largest shareholder. The OGDC Employee Empowerment Trust and the Privatisation Commission of Pakistan are among its other shareholders.