Oil and Gas Development Company Limited (OGDCL) has succeeded in discovering oil and gas reserves in Hyderabad.

According to OGDCL spokesperson, OGDCL had gone to explore gas reserves from exploratory well Sial One, Hyderabad. He said that OGDCL has 95% stake in this discovery as an operator.

He said that the well was dug up to 2442 meters to explore for oil and gas reserves.

It may be recalled that in December last year, OGDCL had discovered new gas reserves in Kohat district of Khyber Pakhtunkhwa.

According to the spokesperson of OGDCL, 1.6 MMCFD gas will be obtained from Siab One Wheel, 12 barrels of condensate per day will be obtained from Siab One Wheel

According to the spokesperson, another zone Hangu Lamshiwal will get 4.18 MMCFD gas and 32 barrels of oil.