Major Oil and Gas Discovery Announced in Sindh by OGDCL Good News for Pakistan

Pakistan has achieved another significant milestone in its energy sector as the Oil and Gas Development Company Limited (OGDCL) announced the discovery of a new oil and gas reserve in the Khairpur district of Sindh.

According to the official statement released by OGDCL, the discovery was made at the “Faqir-1” well, located in the exploration block of Khairpur. The well is currently producing 55 barrels of crude oil and 6.4 million cubic feet of natural gas on a daily basis.

The company credited the use of modern drilling and exploration technology for the success of this operation. This breakthrough is expected to positively impact the local and national energy supply, especially at a time when Pakistan is dealing with rising energy demands and fuel imports.

OGDCL officials highlighted that the new reserve would help reduce dependency on foreign oil and gas and improve energy security. They termed it a “significant achievement” in the mission to explore untapped energy resources across the country.

Experts believe this discovery could also open doors for further exploration in Sindh and boost investor confidence in Pakistan’s natural resources sector.

The company has assured that extraction will be carried out in an environmentally responsible and sustainable manner.

This new reserve is likely to play an important role in stabilizing the country’s energy sector in the coming years.