Oil and Gas Development Company Limited has announced a fresh oil and gas discovery at its Baragzai X-01 (Slant) well in Khyber Pakhtunkhwa, marking another success in the Nashpa block as Pakistan works to reduce its energy shortfall.
The company, which operates the Nashpa Exploration License with a 65% working interest, disclosed the discovery in a notice to the Pakistan Stock Exchange. The find was made in the Lockhart Limestone formation in Kohat district.
Joint venture partners in the block include Pakistan Petroleum Limited, holding a 30% stake, and Government Holdings (Private) Limited, with a 5% carried interest.
During a cased-hole drill stem test (DST-05) in the Lockhart formation, the well produced 3,765 barrels of oil per day and 11.2 million standard cubic feet per day of gas through a 32/64-inch choke at a wellhead flowing pressure of 4,080 psig.
Baragzai X-01 (Slant) was spudded on December 30, 2024, to evaluate hydrocarbon potential across multiple formations, including Lockhart, Hangu, Lumshiwal, Samana Suk, Shinawari, Datta, and Kingriali. The well reached a total depth of 5,170 meters into the Kingriali formation.
Before testing the Lockhart formation, four cased-hole drill stem tests in Kingriali, Datta, Samana Suk, Shinawari, Hangu, and Lumshiwal formations also yielded oil and gas, indicating a multi-zone hydrocarbon system within the structure.
The discovery is expected to expand OGDC’s reserve base and support Pakistan’s efforts to narrow the energy supply-demand gap by increasing domestic production and reducing reliance on imports.
