The Oil and Gas Development Company Limited (OGDCL) has achieved a significant milestone in Pakistan's energy sector, announcing a major gas discovery in the Uch Sharif area of Dera Bugti, Balochistan. The breakthrough comes as a result of advanced technical expertise and strategic exploration efforts.
Leveraging sophisticated drilling capabilities, the company successfully excavated a well to a depth of 1,345 meters, uncovering substantial gas reserves. The project is set to produce approximately 5 million standard cubic feet of gas daily, addressing the critical energy shortages in the region.
The discovery is particularly notable for its strategic implications. OGDCL will supply gas to Uch Power Limited through its processing plant, marking a significant step towards energy self-sufficiency. The company's financial performance reflects the positive impact, with the energy sector benefiting from a remarkable 41.02 billion rupees in profits.
