Pakistan’s state-owned Oil and Gas Development Company Limited (OGDCL) on Tuesday said it had made an oil and gas discovery at its exploratory well Baragzai X-01 in the Khyber Pakhtunkhwa Province, which would boost domestic supply and Pakistan’s energy security.
A breakthrough has been achieved in Khyber Pakhtunkhwa’s oil and gas sector, as Oil and Gas Development Company Limited (OGDCL) has announced the discovery of new oil and gas reserves in the province. This development is expected to support Pakistan’s energy needs and have a positive impact on the local economy.
The UK-based energy giant, which is a co-venturer in the exploration license via its 50/50 company with Italy’s Eni, Azule Energy, can confirm the preliminary results of the Volans-1X exploration well, as reported by operator Rhino Resources earlier this month.