The Joint Venture for the block comprises OGDCL with a 20% working interest


Islamabad: The Oil and Gas Development Company Limited (OGDCL) on Wednesday announced a significant gas discovery at the Shahu-1 exploratory well in the Sawan South Block, located in Khairpur, Sindh.
According to a news release of the OGDCL, the Joint Venture for the block comprises OGDCL with a 20% working interest, United Energy Pakistan Limited (UEPL) with 75%, Government Holding Private Limited (GHPL) with 2.5%, and Sindh Energy Holding Limited (SEHL) with 2.5%.
The Shahu-1 well is estimated to produce around 10 million Standard Cubic Feet per Day (MMSCFD) of gas.
The discovery has de-risked further exploration play in the Sawan South Block and will play a crucial role in boosting the country’s energy security through indigenous resources and adding to the hydrocarbon reserves base.
OGDCL is committed to contributing to enhancing Pakistan’s domestic energy production.

Lightning strike kills two in Okara
- 2 hours ago

Powerful 7.0 magnitude earthquake hits Indonesia
- 3 hours ago

Rain likely in various parts of country today
- 6 hours ago

Petrol bomb likely to hit pubic again, major price hike expected
- 29 minutes ago

New history in PSX! First time crosses 135,000 points
- 4 hours ago

Flooding at Taunsa, Guddu and Sukkur Barrages in Indus River
- 4 hours ago

Ordinance issued to transform Frontier Constabulary into federal force
- 10 minutes ago

Sugar prices go uncontrollable, reach Rs200 per kg
- an hour ago

Over 2.362mn cases pending in Pakistan courts, including SC
- 2 hours ago

Plane crashes at London's Southend Airport
- 6 hours ago

All environmental samples in Peshawar declared polio-free after two years
- 2 hours ago

Monsoon winds continuously entering Sindh: Met Dept
- 37 minutes ago