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.

Polestar has been muscled out of the US market
- 13 hours ago

The solar-powered Birdbuddy Pro is on sale for $168, the lowest price yet
- 2 days ago

GTA VI is a worrying sign for the future of physical games
- 13 hours ago

Google’s new rules for the app store will allow alternative billing next week
- 13 hours ago

MSMEs take centre stage in govt’s economic vision, says SAPM Haroon Akhtar Khan
- 2 days ago

5.9-magnitude earthquake rocks Punjab, Islamabad, parts of KP
- 2 days ago

Leica’s $6,690 SL3-P pairs 44-megapixel stills with 8K video
- 13 hours ago

Our favorite Prime Day gadgets under $100 you don’t need but will really want
- 13 hours ago

21 Prime Day deals Verge readers are buying right now
- 2 days ago

The SwitchBot battery-powered fan we love is $90 for Prime Day
- 13 hours ago

Bob Iger’s Disney wanted Apple, Twitter, and 007
- 2 days ago

Ford had to hire back former engineers to fix mistakes made by its automated systems
- 2 days ago








