The Oil and Gas Development Company Limited (OGDCL) announced a massive oil and gas discovery at the Baragzai X-01 (Slant) exploratory well in District Kohat, Khyber Pakhtunkhwa. This marks the third significant hydrocarbon find at this single well within just one month. During the latest cased-hole drill stem test in the Samana Suk and Shinawari formations, the well flowed at an impressive rate of 3,100 barrels of oil per day (BOPD) and 8.15 million standard cubic feet of gas per day (MMSCFD).
🚨BREAKING: OGDCL discovers oil and gas in Kohat KP boosting Pakistan’s energy production. pic.twitter.com/NDdjDTQJJ2
— The Daily CPEC (@TheDailyCPEC) January 20, 2026
The Baragzai X-01 well, which was spudded in December 2024 and drilled to a depth of 5,170 meters, has proven to be a prolific asset for Pakistan. Earlier discoveries at the same well in January and late December 2025 targeted the Datta and Kingriali formations, respectively. Together, the three discoveries at this site now contribute approximately 9,480 barrels of oil daily, accounting for roughly 14.5% of Pakistan’s total domestic crude production. OGDCL operates the Nashpa Block with a 65% stake, alongside joint venture partners Pakistan Petroleum Limited (PPL) and Government Holdings (Private) Limited.
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This breakthrough comes at a critical time as Pakistan seeks to reduce its reliance on expensive energy imports amidst a persistent economic crisis. Energy experts estimate that this discovery alone could save the country millions of dollars in foreign exchange annually. OGDCL officials emphasized that the success at Baragzai X-01 has “de-risked” deeper exploration in the region, paving the way for further aggressive drilling. The news sent ripples through the Pakistan Stock Exchange (PSX), with both OGDCL and PPL shares seeing a notable uptick following the announcement.
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