OGDCL’s recent breakthrough in uncovering tight gas at the Nur West #01 exploratory well in Sujawal district, Sindh, signifies a significant achievement for Pakistan’s energy sector. As the country’s largest exploration and production entity, OGDCL’s success in discovering gas reserves holds strategic importance in ensuring energy security and promoting economic growth.
The announcement made to the Pakistan Stock Exchange (PSX) underscores the company’s transparency and commitment to keeping stakeholders informed about its operations and milestones. With OGDCL operating with a 100% stake in the Nur Development & Production Lease (D&PL), the gas discovery at Nur West #01 further solidifies the company’s position as a key player in Pakistan’s energy landscape.
The drilling and testing process, which reached a depth of 2,975 meters, showcases OGDCL’s technical expertise and capabilities in exploration activities. Utilizing internal resources and knowledge, OGDCL demonstrates its commitment to leveraging local talent and expertise to drive innovation and success in the energy sector.
The significance of this discovery extends beyond OGDCL’s immediate operations. It highlights the potential for further exploration and development of gas reserves in the Sujawal district and across Pakistan. This discovery could contribute to reducing the country’s dependence on imported energy resources, enhancing energy self-sufficiency, and stimulating economic growth through job creation and investment opportunities in the energy sector.
