ISLAMABAD: Oil and Gas Development Company Limited one of Pakistan’s leading exploration and production companies has announced a significant oil and gas discovery at the Baragzai X 01 Slant exploratory well in District Kohat Khyber Pakhtunkhwa marking another boost to the country’s indigenous energy resources.

The development was disclosed by OGDCL in an official notice submitted to the Pakistan Stock Exchange. The company stated that it is the operator of the Nashpa Exploration License with a 65 percent working interest alongside joint venture partners Pakistan Petroleum Limited holding 30 percent and Government Holdings Private Limited with a 5 percent carried interest.

According to the notice the discovery was made in the Samana Suk and Shinawari formations following a successful Cased Hole Drill Stem Test. The well flowed at an impressive rate of 3,100 barrels of oil per day and 8.15 million standard cubic feet of gas per day through a 32 by 64 inch choke size at a wellhead flowing pressure of 3,010 psig.

OGDCL explained that the Baragzai X 01 Slant well was spud on December 30 2024 as part of an exploratory campaign under the Nashpa Exploration License. The objective was to evaluate the hydrocarbon potential of multiple formations including Lockhart Hangu Lumshiwal Samana Suk Shinawari Datta and Kingriali.

The well was successfully drilled to a total depth of 5,170 meters reaching the Kingriali Formation. Based on wireline log interpretation two earlier cased hole drill stem tests in the Kingriali and Datta formations had already resulted in oil and gas discoveries further enhancing the well’s commercial potential.

OGDCL said the latest discovery will help narrow the national energy supply demand gap by adding domestic oil and gas volumes. The find is expected to strengthen the hydrocarbon reserve base of OGDCL its joint venture partners and Pakistan while supporting long term energy security.