Oil and Gas Development Company Limited (OGDCL) has announced a major breakthrough in Pakistan’s energy sector with a significant oil and gas discovery at the Baragzai X-01 (Slant) exploratory well located in the Nashpa Block, district Kohat, Khyber Pakhtunkhwa.
This fresh discovery marks an important step toward boosting the country’s energy independence.
Strong Production Results Shared With Stock Exchanges
In an official notification submitted to both the Pakistan Stock Exchange (PSX) and the London Stock Exchange (LSE), OGDCL revealed encouraging production numbers from the well:
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2,280 barrels of oil per day (BPD)
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5.6 million standard cubic feet per day (MMSCFD) of gas
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Wellhead flowing pressure: 2,400 psi
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Choke size: 32/64ʺ
These early results reflect a strong potential for further development in the area.
First-Ever Discovery From the Kingriali Formation in Nashpa
This is the first oil and gas discovery from the Kingriali Formation within the Nashpa Block.
OGDCL serves as the operator of this exploration license with a 65% working interest. The remaining partnership structure includes:
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Pakistan Petroleum Limited (PPL): 30%
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Government Holdings (Private) Limited (GHPL): 5% (carried interest)
The discovery highlights successful collaboration between Pakistan’s major upstream energy companies.
Key Drilling Milestones
The Baragzai X-01 (Slant) well was spud on December 24, 2024, and drilled to a total depth of 5,170 meters, targeting the Kingriali Formation.
During the drilling process:
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A 90-meter hydrocarbon-bearing interval of Triassic age was encountered
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Promising hydrocarbon shows were observed
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Open hole wireline logs confirmed the presence of hydrocarbons
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A cased hole drill stem test (DST) produced successful flow results
These findings validate the geological potential of deeper formations within the region.
A Boost for Pakistan’s Energy Security
According to OGDCL, this discovery reduces exploration risk for deeper reservoirs and offers fresh momentum to Pakistan’s efforts to strengthen indigenous energy supplies.
The company believes the new reserves will:
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Support the national grid by adding local hydrocarbon output
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Reduce reliance on imported oil and gas
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Enhance long-term energy security
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Provide financial and operational benefits to OGDCL and its joint venture partners
This development is expected to play a meaningful role in narrowing Pakistan’s energy supply and demand gap.
