Pakistan’s energy sector has received a significant boost as the Oil & Gas Development Company Limited (OGDCL) has announced the discovery of significant oil and gas reserves in Attock, Punjab.
According to OGDCL's statement, drilling at the Soghri North-1 well began on May 21, 2024. The well is now producing 14 million standard cubic feet (MMscfd) of gas per day, along with 430 barrels of crude oil daily.
Experts believe this discovery will help bridge the gap between energy supply and demand, contributing to Pakistan’s growing energy needs. OGDCL has confirmed in a letter to the Pakistan Stock Exchange that it holds 100% ownership of the well.
