Oil & Gas Development Company Limited (OGDCL) has announced a new oil and gas discovery from its exploratory well, Bobi Deep-1, located in the Bobi and Dhamraki Mining Lease in Sindh’s Sanghar district.

In a notice submitted to the Pakistan Stock Exchange (PSX) on Wednesday, OGDCL said the discovery was made after testing the hydrocarbon potential of the Lower Goru Formation at the well site, where the company holds a 100 per cent working interest.

According to the company, a cased-hole Drill Stem Test (DST) conducted on the formation produced 2,000 barrels of oil per day (BOPD) and 1.1 million standard cubic feet of gas per day (MMSCFD).

The test was carried out at a choke size of 32/64 inch, with a wellhead flowing pressure of 1,050 pounds per square inch.

OGDCL said the Bobi Deep-1 well was re-entered on May 3, 2026, and drilled to a total depth of 3,305 metres in the Sembar Formation using the company’s in-house technical and operational expertise.

The company described the find as a significant milestone for the Bobi and Dhamraki Mining Lease, noting that it is the first hydrocarbon discovery from the Massive Sand play in the area.

OGDCL said the discovery not only establishes a new exploration play but also reduces exploration risk for similar prospects in the surrounding region, potentially opening new opportunities for future resource development.

The company added that the discovery is expected to strengthen Pakistan’s domestic energy resources, help narrow the country’s energy demand-supply gap, and enhance both OGDCL’s and the nation’s hydrocarbon reserves.