The Oil and Gas Development Corporation has discovered oil and gas in its exploratory well Dars-1, located 40 kilometers northeast of Hyderabad, and three kilometers east-north-east of Tando Allah Yar city in Sindh province. The Minister for Petroleum and Natural Resources, Ch. Nouraiz Shakoor said the well has capacity to produce 850 barrels of oil per day and 14.14 million cubic feet gas per day.
The production at the new discovery by the Oil and Gas Development Company Limited (OGDCL) will result in import substitution of US$ 24 million per annum, he added.
The Minister informed that it was 9th oil and gas discovery by OGDCL during the last 18 months.