REG - Oil and Gas Devt Co - OGDCL TESTS GAS-CONDENSATE WELL: DARS WEST-3

Oil And Gas Development CoAnnouncement

19/02/2026 08:15

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RNS Number : 6695T  Oil and Gas Development Company Ltd  19 February 2026

 

 

 

 

CS04-08 (PSX/LSE/SECP)

February 19, 2026

 The General Manager,               London Stock Exchange Plc.,

 Pakistan Stock Exchange Limited,   10 Paternoster Square,

Stock Exchange Building,

                                  London EC4M 7LS.
 Stock Exchange Road,

Karachi-74000, Pakistan.

                                    Tel: (44) 20 7334 8907

 

 

Subject: OGDCL TESTS GAS-CONDENSATE WELL: DARS WEST-3

Dear Sir,

We are pleased to inform that Oil and Gas Development Company Limited (OGDCL)
has successfully tested a new development well in C-Sands of Lower Goru
Formation at Dars West-3, located in District Tando Allah Yar, Sindh Province.
The well was drilled up to a total depth of 2,100 meters, and tested utilizing
OGDC's in-house expertise.

During testing, the well produced at a rate of 9.70 MMSCFD of gas along with
580 BPD of condensate at a choke size of 36/64 inches, with a Wellhead Flowing
Pressure of 1,725 Psi from the Lower Goru C-Sand reservoir.

The test results reinforce the hydrocarbon potential of the Lower Goru C-Sand
reservoirs in Dars West area. Laying of pipeline is in progress, and upon
completion, gas from the well will be processed at KPD-TAY plant for onward
injection into the SSGCL network.

Dars West D&PL Joint Venture comprises OGDCL as the operator with a 77.5%
working interest along with GHPL having working interest of 22.5%. The results
reflect the ongoing efforts in reservoir evaluation, testing, and field
development.

The above information is submitted in compliance with Section 96 of the
Securities Act, 2015, and Clause 5.6.1(a) of PSX Regulations, for
dissemination among your members.

 

Yours Sincerely,

 

 

 

(Wasim Ahmad)

Company Secretary

 

 

Copy: Executive Director/HOD, Supervision Division, SECP, Islamabad.

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