Amidst the economic crisis and deprivation of natural resources in Pakistan, the finding of gas reserves administers a light at the end of the tunnel. The Oil and Gas Development Company Limited (OGDCL) has discovered a hydrocarbon-rich field in Sindh.
Based on the results of seismic data, the company has made the discovery in Guddu, Sindh, by drilling a well namely Umair SE-1. According to the initial test outcomes, total gas reserves are estimated at 3.29 bcf.
OGDCL was awarded an exploration license for the Guddu block in May 1999 by the Petroleum Exploration and Production Policy 1997 and under the Pakistan Petroleum (Exploration and Production) Rules 1986.
Commercial production from the discovery is hovered to start in June this year. However, the company is seeking a one-year extension in the testing phase for the Umair SE-1 Guddu discovery.