Oil and Gas Development Company Limited (OGDCL) has announced a significant discovery of gas and condensate at the Bitrism East-1 exploratory well in District Khairpur, Sindh.

In a filing with the Pakistan Stock Exchange (PSX) and London Stock Exchange (LSE), OGDCL — operator of the Bitrism Exploration License with a 95% working interest, in partnership with Government Holdings (Private) Limited (GHPL) holding 5% — confirmed the discovery after drilling to a depth of 3,800 meters in the Sembar Formation.

The Bitrism East-1 well, spudded on June 30, 2025, underwent two Drill Stem Tests (DSTs) in the Lower Goru Formation. Both the Massive and Basal Sands reservoirs yielded strong hydrocarbon flows, with combined production potential estimated at **22.5 million standard cubic feet per day (MMSCFD) of gas and 690 barrels of condensate per day (BCD)** at a choke size of 32/64″.

OGDCL said the new find will play a vital role in reducing Pakistan’s dependence on imported fuels, boosting domestic production, and narrowing the country’s widening energy supply-demand gap.

“This marks another success in the Bitrism Exploration License and will support Pakistan’s energy security while adding to OGDCL’s hydrocarbon reserves base,” the company said.

The announcement was made under Section 96 of the Securities Act, 2015, and Clause 5.6.1(a) of PSX regulations for investor dissemination.

 

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