In a significant development for Pakistan’s energy sector, Saif Energy Ltd, in collaboration with Oil & Gas Development Company Ltd (OGDCL) and Mari Petroleum Company Limited (MPCL), has unveiled the discovery of new hydrocarbon reserves in the Kohat Block.

Mr. Jehangir Saifullah Khan, CEO of Saif Energy Ltd, hailed the discovery as a monumental achievement and stressed the importance of private and national companies working together for the advancement and prosperity of Pakistan. The exploratory well, named Togh-2 (Slant), commenced drilling operations on August 28, 2023, and reached its target depth of 2414 meters in the Chichali-l Formation by November 18, 2023.

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Following the initial success, the joint venture decided to further deepen the well to explore the hydrocarbon potential within the Lumshiwal-Il thrust sheet. This phase concluded on December 7, 2023, after reaching a total depth of 2600 meters.

In an unprecedented move, OGDCL and Saif Energy Ltd took the initiative to test the exploratory well at their own risk, demonstrating their commitment to national interests. The testing phase yielded promising results, with the Lumshiwal-Il Formation revealing a gas and condensate discovery. The well exhibited an impressive flow rate of 2.842 million standard cubic feet per day (MMSCFD) of gas, accompanied by 28 barrels of condensate per day, at a wellhead pressure of 540 psi using a 32/64” choke.

This discovery represents a significant instance of successful collaboration between the private and public sectors in Pakistan, embarking on a bold initiative for the enhancement of the nation’s energy resources.