Pakistan announces two separate hydrocarbon discoveries

Pakistan’s energy sector marked significant progress with two major gas and condensate discoveries, announced by Oil and Gas Development Company Limited (OGDCL) and Mari Energies in separate stock filings on Monday.

The finds are expected to enhance the country’s hydrocarbon reserves and contribute to bridging the energy demand-supply gap.

OGDCL revealed a gas and condensate discovery at the Soghri North-1 well in Attock District, Punjab. As the operator of the Soghri Exploration License with a 100% working interest, OGDCL drilled the well to a depth of 4,942 meters in the Patala Formation.

Post-acid stimulation, the well flowed at a rate of 13.95 million standard cubic feet per day (MMSCFD) of gas and 430 barrels per day (BPD) of condensate through a 32/64” choke size at 2,890 psi.

This discovery not only validates further exploratory efforts in the region but also adds substantial reserves to OGDCL and Pakistan’s hydrocarbon resources.

In Waziristan, Mari Energies reported another breakthrough at the Spinwam-1 exploration well in the Waziristan Block. The well, operated with joint venture partners OGDCL (35% interest) and Orient Petroleum Inc. (10%), yielded a flow rate of 20.485 MMSCFD of gas and 117 barrels of condensate per day.

Spinwam-1 had earlier demonstrated potential, with initial flow tests recording 12.96 MMSCFD of gas and 20 barrels of condensate daily.

Faheem Haider, CEO of Mari Energies, emphasized the company’s dedication to expanding Pakistan’s indigenous energy resources. “These discoveries are a testament to our commitment to energy sustainability. We are grateful for the unwavering support of the Ministry of Petroleum, DGPC, and local communities.”

Both discoveries are expected to play a critical role in addressing Pakistan’s energy challenges and bolstering its hydrocarbon base. These successes underscore the strategic importance of domestic exploration in securing the nation’s energy future.