The Oil & Gas Development Company Limited (OGDCL) has discovered new oil fields in Tando Allah Yar, Sindh.
This is the second oil discvery within a span of two months.
The state owned oil company, in a statement issued said that reserves were discovered in its exploratory, Jarwar Well #01 in NIM Block.
The OGDCL holds a 95% ownership while Government Holding (Pvt) Limited 5% in the said block.
The structure of Jarwar Well # 01 was delineated, drilled and tested by using OGDCL’s in house expertise. The well was drilled down to the depth of 1473 Meter, targeting to test the hydrocarbon potential of Upper Sand of Lower Goru Formation.
Significant reserves of hydrocarbon have been found at Jarwar Well #01.
