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Pakistan's OGDCL Strikes Major Oil and Gas Discovery

1/21/2026

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Story summary
  • Pakistan's Oil and Gas Development Company Limited (OGDCL) announced a significant discovery at Baragzai X-01 in Khyber Pakhtunkhwa Province.
  • The Baragzai X-01 well flowed 3,100 barrels of oil per day and 8.15 million standard cubic feet of gas.
  • It marks OGDCL's third discovery in a month and accounts for about 14.5% of Pakistan's domestic crude oil production.
  • The discovery aims to enhance energy security and reduce reliance on imports.