Business Recorder
Oil & Gas Development Company Limited (OGDCL) announced an oil discovery from its exploratory well, Bobi Deep-1, located in District Sanghar, Sindh. OGDCL discovered oil reserves in the Bobi and Dhamraki Mining Lease, the company informed the Pakistan Stock Exchange (PSX) on Wednesday. The E&P is the well operator with 100% working interest. “Based on the interpretation of wireline logs, the massive sand of the lower goru formation was tested through a cased-hole Drill Stem Test (DST) and produced 2,000 barrels of oil per day (BOPD) and 1.1 million standard cubic feet of gas per day (MMSCFD) at a choke size of 32/64 inch, with a wellhead flowing pressure (WHFP) of 1,050 pounds per square inch (psi),” the company informed the bourse. READ MORE: OGDCL announces major hydrocarbon discovery in Sindh It said that the Bobi Deep-1 exploratory well was re-entered on May 03, 2026, to test the hydrocarbon potential of massive sands of the Lower Goru Formation. “The well was drilled to a total depth of 3,305 meters in Sembar Formation through OGDCL’s in-house technical and operational capabilities. The discovery represents a major milestone in the Bobi and Dhamraki Mining Lease, constituting the first hydrocarbon discovery from the Massive Sand play in the area,” the listed company shared. Besides establishing a new exploration play, the discovery has de-risked analogous prospects in the surrounding region, opening new avenues for future exploration and resource growth, it added. The OGDCL said that the discovery was expected to contribute towards bridging the country’s energy demand-supply gap through indigenous resources, while augmenting the hydrocarbon reserves base of the company and the country.
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