Islamabad, Mar 17, 2025: Pakistan’s energy landscape has taken a major leap forward with the Oil & Gas Development Company Limited (OGDCL) unveiling a remarkable discovery of oil and gas reserves in Attock, Punjab.
As per OGDCL’s official report, drilling operations commenced at the Soghri North-1 well on May 21, 2024.
The well is currently yielding an impressive output of 14 million standard cubic feet (MMscfd) of natural gas daily, alongside a substantial production of 430 barrels of crude oil per day.
Industry analysts suggest that this breakthrough will play a crucial role in narrowing the gap between energy supply and demand, effectively supporting Pakistan’s increasing energy requirements.
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In a formal submission to the Pakistan Stock Exchange, OGDCL has confirmed its complete ownership of the well, solidifying its position as a leading contributor to the country’s energy sector.
This latest discovery is expected to enhance Pakistan’s energy self-sufficiency, reduce dependence on costly imports, and stabilize fuel prices in the long run.
With OGDCL spearheading such developments, the country’s energy outlook appears more promising than ever.