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    Finance Ministry Rejects Reports of Dar Taking Over Budget Process

    Finance Ministry Rejects Reports of Dar Taking Over Budget Process

    Govt Clarifies Civil Expenditure Rose 12.5%, Says Actual Operational Increase Only Rs2bn

    Govt Clarifies Civil Expenditure Rose 12.5%, Says Actual Operational Increase Only Rs2bn

    68% of modern passwords can be cracked within a day: Kaspersky research reveals

    68% of modern passwords can be cracked within a day: Kaspersky research reveals

    India bans sugar exports until September amid supply concerns

    India bans sugar exports until September amid supply concerns

    US returns over 450 antiquities worth $23 million to Pakistan

    US returns over 450 antiquities worth $23 million to Pakistan

    The Transit Potential of the Turkic World: Integrating Economies and New Logistical Solutions

    The Transit Potential of the Turkic World: Integrating Economies and New Logistical Solutions

    Pakistan Receives $1.3 Billion IMF Funding, Says SBP

    Pakistan Receives $1.3 Billion IMF Funding, Says SBP

    Pakistan’s Economy Reaches $452 Billion as Q3 FY26 Growth Hits 3.99%

    Pakistan’s Economy Reaches $452 Billion as Q3 FY26 Growth Hits 3.99%

    Ishaq Dar calls Pakistan-China friendship as “time-tested and strengthened by trust” at launch of Digital Economic Centre

    Ishaq Dar calls Pakistan-China friendship as “time-tested and strengthened by trust” at launch of Digital Economic Centre

  • Business & Finance
    Pakistan Losing Rs350bn Annually to Illegal Cigarette Trade, PMI Tells Commerce Minister

    Pakistan Losing Rs350bn Annually to Illegal Cigarette Trade, PMI Tells Commerce Minister

    Finance Ministry Rejects Reports of Dar Taking Over Budget Process

    Finance Ministry Rejects Reports of Dar Taking Over Budget Process

    Govt Clarifies Civil Expenditure Rose 12.5%, Says Actual Operational Increase Only Rs2bn

    Govt Clarifies Civil Expenditure Rose 12.5%, Says Actual Operational Increase Only Rs2bn

    India bans sugar exports until September amid supply concerns

    India bans sugar exports until September amid supply concerns

    Pakistan Receives $1.3 Billion IMF Funding, Says SBP

    Pakistan Receives $1.3 Billion IMF Funding, Says SBP

    Pakistan’s Economy Reaches $452 Billion as Q3 FY26 Growth Hits 3.99%

    Pakistan’s Economy Reaches $452 Billion as Q3 FY26 Growth Hits 3.99%

    Ethiopian Ambassador to Pakistan Visits Sialkot Chamber of Commerce

    Ethiopian Ambassador to Pakistan Visits Sialkot Chamber of Commerce

    SECP Approves Five Brokerages to Launch Shariah-Compliant Trading Windows

    SECP Approves Five Brokerages to Launch Shariah-Compliant Trading Windows

    Gold Rises as Weaker Dollar, US-Iran Deal Hopes Lift Sentiment

    Gold Prices Fall Sharply in Pakistan as Global Rates Decline

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    The Transit Potential of the Turkic World: Integrating Economies and New Logistical Solutions

    The Transit Potential of the Turkic World: Integrating Economies and New Logistical Solutions

    Center for Islamic Civilization: A Megaproject Recognized by the International Community

    Center for Islamic Civilization: A Megaproject Recognized by the International Community

    Khojaly Genocide: A bloody chapter in 20th-century history

    Khojaly Genocide: A bloody chapter in 20th-century history

    Remembering Khojaly is a moral obligation

    Remembering Khojaly is a moral obligation

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    Ishaq Dar calls Pakistan-China friendship as “time-tested and strengthened by trust” at launch of Digital Economic Centre

    Ishaq Dar calls Pakistan-China friendship as “time-tested and strengthened by trust” at launch of Digital Economic Centre

    Pakistan-China B2B Summit Seals Over 50 MoUs, Battery Storage Sector Leads with $82 Million Deal

    Pakistan-China B2B Summit Seals Over 50 MoUs, Battery Storage Sector Leads with $82 Million Deal

    Polish National Day Celebrated in Islamabad with Strong Focus on Bilateral Ties and Global Peace

    Polish National Day Celebrated in Islamabad with Strong Focus on Bilateral Ties and Global Peace

    Stocks swing, oil edges up with US-Iran peace talks stalled

    Stocks swing, oil edges up with US-Iran peace talks stalled

    Tashkent Flights, Strengthening Uzbekistan–Pakistan Connectivity

    Tashkent Flights, Strengthening Uzbekistan–Pakistan Connectivity

    IFC to Advise Pakistan on Nationwide Rollout of 10 Million Smart Meters

    IFC to Advise Pakistan on Nationwide Rollout of 10 Million Smart Meters

    Japan Contributes US$2 Million to Support Communities affected by Disasters in Pakistan

    Japan Contributes US$2 Million to Support Communities affected by Disasters in Pakistan

    Aurangzeb in Washington for World Bank-IMF Spring Meetings 2026

    Aurangzeb in Washington for World Bank-IMF Spring Meetings 2026

    OMC Sales Jump in March, but Middle East Tensions May Weigh on Demand

    OMC Sales Jump in March, but Middle East Tensions May Weigh on Demand

  • Pakistan
    Pakistan Losing Rs350bn Annually to Illegal Cigarette Trade, PMI Tells Commerce Minister

    Pakistan Losing Rs350bn Annually to Illegal Cigarette Trade, PMI Tells Commerce Minister

    US returns over 450 antiquities worth $23 million to Pakistan

    US returns over 450 antiquities worth $23 million to Pakistan

    The Nippon Foundation Donates Books to Allama Iqbal Open University;Japan Pakistan Advancement Center (JPAC) Inaugurated

    The Nippon Foundation Donates Books to Allama Iqbal Open University;Japan Pakistan Advancement Center (JPAC) Inaugurated

    AI Boom Among Pakistani children Prompting Calls for Better Cyber Safety: Kaspersky

    AI Boom Among Pakistani children Prompting Calls for Better Cyber Safety: Kaspersky

    TİKA-Led Turkish Delegation Visits Pakistan to Strengthen Cooperation on Flood Management and Climate Resilience

    TİKA-Led Turkish Delegation Visits Pakistan to Strengthen Cooperation on Flood Management and Climate Resilience

    Adnan Arif appointed to FPCCI Central Standing Committee on Media Broadcasting

    Adnan Arif appointed to FPCCI Central Standing Committee on Media Broadcasting

    Pakistan invites bids for two LNG cargoes for May delivery

    Pakistan invites bids for two LNG cargoes for May delivery

    Climate Champions Take the Lead: PRCS Ignites Green Action for a Sustainable Tomorrow

    Climate Champions Take the Lead: PRCS Ignites Green Action for a Sustainable Tomorrow

    No Peak-Hour Load Shedding as Power Generation Improves, Says Power Division

    No Peak-Hour Load Shedding as Power Generation Improves, Says Power Division

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  • Home
  • Latest
    Finance Ministry Rejects Reports of Dar Taking Over Budget Process

    Finance Ministry Rejects Reports of Dar Taking Over Budget Process

    Govt Clarifies Civil Expenditure Rose 12.5%, Says Actual Operational Increase Only Rs2bn

    Govt Clarifies Civil Expenditure Rose 12.5%, Says Actual Operational Increase Only Rs2bn

    68% of modern passwords can be cracked within a day: Kaspersky research reveals

    68% of modern passwords can be cracked within a day: Kaspersky research reveals

    India bans sugar exports until September amid supply concerns

    India bans sugar exports until September amid supply concerns

    US returns over 450 antiquities worth $23 million to Pakistan

    US returns over 450 antiquities worth $23 million to Pakistan

    The Transit Potential of the Turkic World: Integrating Economies and New Logistical Solutions

    The Transit Potential of the Turkic World: Integrating Economies and New Logistical Solutions

    Pakistan Receives $1.3 Billion IMF Funding, Says SBP

    Pakistan Receives $1.3 Billion IMF Funding, Says SBP

    Pakistan’s Economy Reaches $452 Billion as Q3 FY26 Growth Hits 3.99%

    Pakistan’s Economy Reaches $452 Billion as Q3 FY26 Growth Hits 3.99%

    Ishaq Dar calls Pakistan-China friendship as “time-tested and strengthened by trust” at launch of Digital Economic Centre

    Ishaq Dar calls Pakistan-China friendship as “time-tested and strengthened by trust” at launch of Digital Economic Centre

  • Business & Finance
    Pakistan Losing Rs350bn Annually to Illegal Cigarette Trade, PMI Tells Commerce Minister

    Pakistan Losing Rs350bn Annually to Illegal Cigarette Trade, PMI Tells Commerce Minister

    Finance Ministry Rejects Reports of Dar Taking Over Budget Process

    Finance Ministry Rejects Reports of Dar Taking Over Budget Process

    Govt Clarifies Civil Expenditure Rose 12.5%, Says Actual Operational Increase Only Rs2bn

    Govt Clarifies Civil Expenditure Rose 12.5%, Says Actual Operational Increase Only Rs2bn

    India bans sugar exports until September amid supply concerns

    India bans sugar exports until September amid supply concerns

    Pakistan Receives $1.3 Billion IMF Funding, Says SBP

    Pakistan Receives $1.3 Billion IMF Funding, Says SBP

    Pakistan’s Economy Reaches $452 Billion as Q3 FY26 Growth Hits 3.99%

    Pakistan’s Economy Reaches $452 Billion as Q3 FY26 Growth Hits 3.99%

    Ethiopian Ambassador to Pakistan Visits Sialkot Chamber of Commerce

    Ethiopian Ambassador to Pakistan Visits Sialkot Chamber of Commerce

    SECP Approves Five Brokerages to Launch Shariah-Compliant Trading Windows

    SECP Approves Five Brokerages to Launch Shariah-Compliant Trading Windows

    Gold Rises as Weaker Dollar, US-Iran Deal Hopes Lift Sentiment

    Gold Prices Fall Sharply in Pakistan as Global Rates Decline

  • Fintech
  • Opinion
    The Transit Potential of the Turkic World: Integrating Economies and New Logistical Solutions

    The Transit Potential of the Turkic World: Integrating Economies and New Logistical Solutions

    Center for Islamic Civilization: A Megaproject Recognized by the International Community

    Center for Islamic Civilization: A Megaproject Recognized by the International Community

    Khojaly Genocide: A bloody chapter in 20th-century history

    Khojaly Genocide: A bloody chapter in 20th-century history

    Remembering Khojaly is a moral obligation

    Remembering Khojaly is a moral obligation

  • World
    Ishaq Dar calls Pakistan-China friendship as “time-tested and strengthened by trust” at launch of Digital Economic Centre

    Ishaq Dar calls Pakistan-China friendship as “time-tested and strengthened by trust” at launch of Digital Economic Centre

    Pakistan-China B2B Summit Seals Over 50 MoUs, Battery Storage Sector Leads with $82 Million Deal

    Pakistan-China B2B Summit Seals Over 50 MoUs, Battery Storage Sector Leads with $82 Million Deal

    Polish National Day Celebrated in Islamabad with Strong Focus on Bilateral Ties and Global Peace

    Polish National Day Celebrated in Islamabad with Strong Focus on Bilateral Ties and Global Peace

    Stocks swing, oil edges up with US-Iran peace talks stalled

    Stocks swing, oil edges up with US-Iran peace talks stalled

    Tashkent Flights, Strengthening Uzbekistan–Pakistan Connectivity

    Tashkent Flights, Strengthening Uzbekistan–Pakistan Connectivity

    IFC to Advise Pakistan on Nationwide Rollout of 10 Million Smart Meters

    IFC to Advise Pakistan on Nationwide Rollout of 10 Million Smart Meters

    Japan Contributes US$2 Million to Support Communities affected by Disasters in Pakistan

    Japan Contributes US$2 Million to Support Communities affected by Disasters in Pakistan

    Aurangzeb in Washington for World Bank-IMF Spring Meetings 2026

    Aurangzeb in Washington for World Bank-IMF Spring Meetings 2026

    OMC Sales Jump in March, but Middle East Tensions May Weigh on Demand

    OMC Sales Jump in March, but Middle East Tensions May Weigh on Demand

  • Pakistan
    Pakistan Losing Rs350bn Annually to Illegal Cigarette Trade, PMI Tells Commerce Minister

    Pakistan Losing Rs350bn Annually to Illegal Cigarette Trade, PMI Tells Commerce Minister

    US returns over 450 antiquities worth $23 million to Pakistan

    US returns over 450 antiquities worth $23 million to Pakistan

    The Nippon Foundation Donates Books to Allama Iqbal Open University;Japan Pakistan Advancement Center (JPAC) Inaugurated

    The Nippon Foundation Donates Books to Allama Iqbal Open University;Japan Pakistan Advancement Center (JPAC) Inaugurated

    AI Boom Among Pakistani children Prompting Calls for Better Cyber Safety: Kaspersky

    AI Boom Among Pakistani children Prompting Calls for Better Cyber Safety: Kaspersky

    TİKA-Led Turkish Delegation Visits Pakistan to Strengthen Cooperation on Flood Management and Climate Resilience

    TİKA-Led Turkish Delegation Visits Pakistan to Strengthen Cooperation on Flood Management and Climate Resilience

    Adnan Arif appointed to FPCCI Central Standing Committee on Media Broadcasting

    Adnan Arif appointed to FPCCI Central Standing Committee on Media Broadcasting

    Pakistan invites bids for two LNG cargoes for May delivery

    Pakistan invites bids for two LNG cargoes for May delivery

    Climate Champions Take the Lead: PRCS Ignites Green Action for a Sustainable Tomorrow

    Climate Champions Take the Lead: PRCS Ignites Green Action for a Sustainable Tomorrow

    No Peak-Hour Load Shedding as Power Generation Improves, Says Power Division

    No Peak-Hour Load Shedding as Power Generation Improves, Says Power Division

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OGDCL begins oil output from Pakistan’s first horizontal well in Hyderabad

News Desk by News Desk
March 24, 2026
in Latest, Pakistan
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OGDCL Announces Major Oil and Gas Discovery in Kohat
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Oil and Gas Development Company Limited (OGDCL), the country’s largest exploration and production firm, has started oil production from an exploratory well in Sindh.

The company announced the development in a notice to the stock exchange on Tuesday.

“We are pleased to inform that OGDCL has successfully commenced oil production from its development well Pasakhi-13, marking a historic milestone as Pakistan’s first successful horizontal oil well in clastic reservoir (lower Goru – A sand),” read the notice.

According to the company, the Pasakhi-13 well is located in the Hyderabad district and is producing 460 barrels of oil per day (BPD).

The well was drilled to a measured depth of 2,966 meters, including a 546-meter horizontal section. Advanced geo-steering technology was used to precisely navigate within a narrow 3-meter drilling window, allowing accurate targeting of the most productive zone in the reservoir.

The company added that the well was completed and tested using a short-string Electric Submersible Pump (ESP), specifically optimized for horizontal well operations.

“Despite challenging reservoir characteristics, horizontal drilling enabled enhanced reservoir exposure, delivering nearly threefold higher production compared to offset wells under similar conditions,” it added.

Pasakhi-13 is part of the Pasakhi & Pasakhi North Development & Production Lease (D&PL), in which OGDCL holds a 100% working interest.

“The achievement reinforces OGDCL’s commitment to technical excellence, innovation, and deployment of advanced technologies in line with global standards, while advancing indigenous hydrocarbon production and strengthening Pakistan’s energy security,” said OGDCL.

OGDCL is Pakistan’s largest E&P company, engaged in exploration, drilling services, production, reservoir management, and engineering support.

It also holds the country’s largest exploration acreage, covering more than 40% of the total awarded area with significant oil and gas reserves.

The Government of Pakistan is the majority shareholder in OGDCL with over 67% ownership, followed by the OGDC Employee Empowerment Trust and the Privatisation Commission.

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The writer is a media graduate, serving as the Head of Communications at the Center for Democracy and Climate Studies, and as an International Expert at Diplomatic Affairs.

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