20 Million Cubic Feet per Day (mmcfd) gas discovered from Suleman-I exploratory well located in District Khairpur, Sindh
Oil and Gas Development Company Limited (OGDCL) has discovered 20 Million Cubic Feet per Day (mmcfd) gas from Suleman-I exploratory well located in District Khairpur, Sindh. According to OGDCL spokesman, the company is also operating in Khewari Block Joint Venture and having working interest of 95 percent and Government Holding Pvt Limited (5 percent).
The structure of the Suleman-I was delineated drilled down to the depth of 4,575 meter. This is the second discovery of hydrocarbons in the current financial year. Earlier, OGDCL had made discovery of hydrocarbons at Nashpha in District Kohat of Khyber- Pakhtunkhawa (KP) in September 2012. During the on-going financial year the OGDCL has planned to drill 37 wells in the country.
Exploration activity in Pakistan remained slow in recent years due to low prices offered by the government and the impact of circular debt in the oil and gas sector. The country has gas reserves of 23 tcf/day. Pakistan”s current domestic gas demand exceeds its production capacity of 4.2 bcf/day by 1.2-1.4 bcf/day, which increases to 2 bcf/day in winter. If adequate gas is not discovered within 3-4 years, the shortfall is projected to increase to 2.5-3 bcf/day.