The Oil and Gas Development Company (OGDC) has discovered hydrocarbon reserves in the exploratory well Pasakhi deep well No 4 in Hyderabad district, Company Secretary Ahmed Hayat Lak told stock exchanges yesterday.
The oil and gas giant has 100 per cent working interest in Pasakhi lease.
“The structure of Pasakhi deep well No 4 was delineated, drilled and tested using OGDCL’s in-house expertise,” the company official said.