Oct 27, 2022 (MLN): Oil and Fuel Improvement Enterprise Limited (PSX: OGDC) staying the operator of Toot Mining Lease with 100% doing the job fascination has created an oil discovery from Lokhart Development at Toot Deep-1 very well which is found in Attock District, Punjab Province, the enterprise filing on PSX confirmed.
Deep = 01 well was spudded in on December 25, 2020, and effectively drilled down to a complete depth of 5545 Meters in Tobra Formation.
Primarily based on interpretation outcomes of open gap logs data, Lockhart Development has properly analyzed oil at the fee of 882 Barrels for every day and .93 Million Conventional Cubic Toes For each Day (MMSCFD) gasoline at Nicely Head Flowing Tension (WHFP) of 600 Lbs . for each Square Inch (psi) at 32/64″ choke dimension.
This oil discovery has even further extended the hydrocarbon perform region in the Pothohar basin.
OGDCL becoming the foremost exploration and manufacturing firm in Pakistan has adopted intense exploration techniques which have resulted in hydrocarbon discoveries.
This discovery will incorporate to the hydrocarbon reserve base of OGDCL and contribute positively towards oil and all-natural gas generation from indigenous means of Pakistan.
Copyright Mettis Hyperlink News