OGDCL reports five new discoveries, spudding 15 wells in 2025

Average net saleable production reached 30,919 barrels of oil per day, 652 MMSCFD of gas, and 642 MTD of LPG from new discoveries.

Oil & Gas Development Company Limited (OGDCL), Pakistan’s largest exploration and production firm, has reported five new oil and gas discoveries, spudded 15 wells in 2025, and secured seven new exploration blocks in the latest bid round.

The company’s Board of Directors reported that its average net saleable production included 30,919 barrels of oil per day (BPD), 652 million standard cubic feet per day (MMSCFD) of gas, and 642 metric tons per day (MTD) of LPG. These figures solidified OGDCL’s position as the leading contributor to national output.

However, the company noted that production could have reached higher levels—32,709 BPD of oil, 743 MMSCFD of gas, and 714 MTD of LPG—had SNGPL not curtailed offtake from several key fields, including Nashpa, Qadirpur, and Bettani, and reduced demand from Uch Power had not limited offtake from the Uch Field.

OGDCL’s key development projects, such as the commissioning of the Jhal Magsi Field and ongoing compression work at Dakhni, KPD-TAY, and Uch, are expected to support future production growth. 

Additionally, diversification efforts in ventures like Reko Diq, the Abu Dhabi Offshore Block-5, and geothermal energy projects are reinforcing long-term expansion.

The company is also advancing its Production Optimisation Plan for mature fields, particularly in Rajian, Fimkessar, Missakaswal, and Toot. Furthermore, OGDCL has made progress in its Tight Gas program and finalized designs for Phase-2 horizontal frac jobs in its Shale Gas Pilot Project.

In line with its commitment to sustainability, OGDCL has strengthened its corporate governance framework, incorporating Environmental, Social, and Governance (ESG) and Diversity, Equity, and Inclusion (DEI) principles across its operations.

The company’s transparency in corporate reporting was reaffirmed in the Transparency in Corporate Reporting (TRAC) 2024 assessment by Transparency International Pakistan, where it ranked third overall with a score of 93.09% and first among public sector entities.