ISLAMABAD: Oil and Gas Development Company Limited (OGDCL) has announced a significant oil and gas discovery at the Bobi Oil Field, with the Bobi-11 well expected to produce around 1,000 barrels of oil per day.
According to a company statement, the Bobi-11 well is also expected to produce 1.0 million standard cubic feet per day (MMSCFD) of natural gas, marking a significant development for Pakistan’s domestic energy sector.
OGDCL said the Bobi Oil Field is 100 percent owned by the company, adding that the latest success has strengthened prospects for the presence of substantial oil and gas reserves in the area.
The company said information and data obtained from the Bobi Deep-1 well played an important role in the successful drilling and evaluation of Bobi-11.
OGDCL described the development as a significant milestone that could pave the way for further exploration and development activities in the region. The success of Bobi-11, it said, has opened up new opportunities for additional exploration and growth in the area.
Read more: OGDCL to start drilling after finds significant shale gas reserves in Sindh
Earlier in July, OGDCL decided to initiate drilling after significant shale gas reserves discovery in Sindh, an official of the Oil and Gas Development Company Limited (OGDCL) said.
The OGDCL decided to initiate largescale drilling of wells in the region after finding significant reserves of Shale gas.
Managing Director OGDCL Ahmed Hayat Lak, in an exclusive chat with the ARY News, said that the presence of massive reserves of shale gas in Hyderabad and Sanghar districts, has proved, while a pilot project for commercial level availability of the gas has become successful.
He said that after drilling of vertical well presence of shale gas proved and according to initial assessment there are 7.5 trillion cubic feet shale gas reserves in Sindh.
