KARACHI: The Oil and Gas Development Company Limited (OGDCL) has announced about the discovery of gas and condensate at Ranipur Block of Sindh.
In a letter sent to Pakistan Stock Exchange about discovery of Condensate at Well Metlo 01 on Friday, the OGDCL said: “The joint venture of Ranipur block comprising Oil and Gas Development Company Limited (OGDCL) as operator (95 percent), Government Holdings (Private) Limited (GHPL) (2.5pc) and Sindh Energy Holding Company (Private) Limited (SEHCL) (2.5 percent) has discovered gas and condensate in the exploratory well Metlo # 01, which is located in District Khairpur, Sindh Province.”
READ MORE: Sindh refuses to buy expensive gas
The company said that Metlo-1 was spud on November 17, 2019 and reached a depth of 1504 metres inside Upper Goru Formation. Based on wireline logs, Drill Stem Test (DST) was conducted in Ranikot Formation and Sui Main Limestone.
The OGDCL said that the well has tested “1.85 million cubic feet per day of gas, six barrels per day of condensate and 38 barrels per day of water through 32 per 64 inch choke at well head flowing pressure of 285 Pounds Per Square Inch (Psi) from Lower Ranikot Formation.”
