The Oil & Gas Development Company Limited (OGDCL) has announced a new oil discovery at the Chakrun-1 exploratory well in Chakar–one, Oil Field in Tando Allah Yar, Sindh. According to OGDCL official statement, the discovery was made under the Tando Allah Yar Exploration License, with OGDCL holding a 95% operating interest and Government Holdings (Private) Limited (GHPL) as a 5% carried-interest partner. Drilling at the Chakar–one well began on June 2, 2025, and reached a total depth of 1,926 meters into the Upper Shale of the Lower Goru Formation, according to the OGDCL statement.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

PSX soars more than 800 points

Karachi: The Pakistan Stock Exchange (PSX) soared during Wednesday’s intraday trade. Its…

Iranian FM to arrive in Pakistan on Jan 29

Iranian Foreign Minister Hossein Amirabdollahian is due to arrive in Pakistan on…

‘US, Pakistan discuss bilateral cooperation matters’: US State Dept

The US State Department has said Under Secretary of USA John Bass…

Pakistan Economic Survey 2024-25 Details Fiscal Gains, Economic Stabilization

Minister of Finance Senator Muhammad Aurangzeb released the Pakistan Economic Survey 2024-25…