Press Release,
ISLAMABAD: (Parliament Times) By the Grace of Almighty Allah, the Joint Venture of Bitrism Block Comprising
of Oil & Gas Development Company Limited (OGDCL) as Operator (95%) &
Government Holdings (Pvt.) Limited ( 5% carried) has discovered Oil & Gas from its
exploratory well Pandhi #01, which is located in District Sanghar, Sindh Province.
The structure of Pandhi #01 was delineated, drilled and tested using OGDCL’s in
house expertise. The well was drilled down to the depth of 3600 Meters. The well has
tested 9.12 Million Standard Cubic Feet per day (MMSCFD) of Gas, 520 Barrels per Day
of Oil through 32/64” choke at Wellhead Flowing Pressure of 840 Pound per square Inch
(Psi) from Lower Goru (Basal Sand) Formation.
The discovery of Pandhi #01 is the result of aggressive exploration strategy
adopted by the Company in pursuance of the Government’s directive to explore and
produce local oil and gas. It would add to the hydrocarbon reserves of OGDCL and the
country.
