stock alerts
stock screener
search stocks using your criteria

Site News

Main features: company information, stock markets, stock filters, intraday charts, alerts, portfolio, customized searches (details)
Site update: April 19 2024, at 21:00 PKST
Stock update: April 19 2024.

Recent Financial News about OGDC (Oil & Gas Development Corp. Limited)

Login or sign up to search news items.


Tuesday, April 09 2024

OGDCL finds tight gas
The state-run Oil and Gas Development Company Ltd (OGDCL) on Monday announced to have discovered tight gas at its exploratory Well Nur West-01, situated in the Sujawal district of Sindh. OGDCL is the sole operator with a 100pc stake in Nur Development & Production Lease. A company statement said the structure of Nur West-01 was drilled and tested using OGDCL’s in-house expertise to a depth of 2,975 metres. The well tested 1.24 million standard cubic feet per day of gas through a 32/64” choke at a wellhead flowing pressure of 150 Pounds per Square Inch from the Lower Goru Formation (‘A’ Sand). The discovery is being evaluated as Tight Gas, the company said. The statement said the success at Nur West-01 was the result of the company’s steadfast commitment to strategic exploration initiatives to augment the hydrocarbon reserve base of both OGDCL and the country.
Related news categories: business misc oilgas-exploration oilgas-marketing
Related symbols: ogdc (news stock)

pkfinance.info helpline: +92-42-3631-4186 (10:30am to 5:30pm)