Overview
- OGDCL disclosed on Wednesday, June 3, 2026, that a cased‑hole drill stem test at Bobi Deep‑1 produced about 2,000 barrels of oil a day and 1.1 million cubic feet of gas a day at a 32/64‑inch choke and roughly 1,050 psi wellhead flowing pressure.
- The company said it operates the Bobi and Dhamraki Mining Lease with 100% working interest and re‑entered the well on May 3 to drill to 3,305 metres in the Sembar Formation before testing the Lower Goru Massive Sand interval.
- OGDCL credited in‑house technical work and a joint geological/geophysical model developed with the University of Sindh for resolving earlier subsurface challenges that had suspended operations.
- Brokerage Arif Habib Limited gave an early estimate that the discovery could add about Rs1.67 per OGDC share to annual earnings, but formal reserve certification, sustained production rates and a field development plan have not been reported.
- The find adds to roughly 19–20 discoveries OGDCL has announced since 2023 and could help reduce Pakistan’s reliance on imports by boosting indigenous oil and gas supply if appraisal and commercial development confirm the test results.