Oil & Gas Development Company Limited (OGDCL) today announced the discovery of gas condensate from the Lumshiwal-1 zone at the Razgir-1 exploratory well, located in district Kohat, Khyber Pakhtunkhwa Province. TAL Joint Venture comprises Oil & Gas Development Company Limited (OGDCL) (30% working interest), MOL Pakistan Oil & Gas Co. B.V. (the Operator) (10%), Pakistan Petroleum Limited (PPL) (30%), Pakistan Oilfields Limited (POL) (25%), and Government Holdings Private Limited (GHPL) (5%).

The well was spudded-in on January 9, 2024 and successfully reached target depth at 3950mMD. Based on wireline logs interpretation, Lumshiwal-1 formation (Exploratory Target) was successfully tested at rate of 20 Million Standard Cubic Feet Per Day (MMSCFD) gas and 250 Barrels Per Day (BPDC) Condensate at 40/64" Choke against Wellhead Flowing Pressure (WHFP) 2348 Pounds per Square Inch (Psi).

This discovery has de-risked further exploration play in TAL Block, leading to new upside opportunities. The said discovery will help to enhance indigenous hydrocarbons supply of the Country and also add to the hydrocarbon reserves base.

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