Major oil, gas reserves discovered in Pakistan

Pakistan’s got a major boost in oil and gas sectors following a discovery of significant reserve in Attock, Punjab.

According to the Oil & Gas Development Company Limited (OGDCL), the serve was discovered during the drilling at Soghri North-1, which began on May 21, 2024.

The well is now producing 14 million standard cubic feet (MMscfd) of gas per day, along with 430 barrels of crude oil daily.

Experts believe this discovery will help bridge the gap between energy supply and demand, contributing to Pakistan’s growing energy needs.

OGDCL has confirmed in a letter to the Pakistan Stock Exchange that it holds 100% ownership of the well.