OGDC Secures Five New Exploration Blocks in Pakistan

ISLAMABAD: (Web Desk)-  Oil and Gas Development Company Limited (OGDC), the country’s leading oil and gas exploration and production firm, has finalized Petroleum Concession Agreements (PCAs) for five newly awarded exploration blocks from the April 30, 2025 competitive bidding round. The signing ceremony took place at the Ministry of Energy (Petroleum Division) in Islamabad. Provisional awards for these blocks had been announced earlier following the successful bidding process.

Under the agreements, OGDC will act as operator in three blocks and as a non-operating partner in two others. OGDC will operate the Kalat North Block with a 75 percent working interest in partnership with Prime holding 25 percent. The block spans Nushki, Mastung, Kharan, and Kalat districts in Balochistan.

In Punjab, OGDC will operate the Khui-II Block, covering Bhakkar and Khushab districts with a 60 percent stake, while Mari Energies Limited (MEL) holds the remaining 40 percent. The Naing Sharif Block in Jamshoro district, Sindh, will be operated by OGDC with an 80 percent interest, alongside Prime’s 20 percent share.

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OGDC has also secured non-operating stakes in two additional blocks. In the Ahmed Wal Block of Nushki, Balochistan, OGDC holds 40 percent while MEL serves as operator with 60 percent. In the Kalat South Block, OGDC has a 30 percent share, with Pakistan Petroleum Limited (PPL) as operator holding 40 percent, and MEL with 30 percent. This block covers Kalat, Khuzdar, and Jhal Magsi districts.

These new acquisitions reinforce OGDC’s commitment to advancing hydrocarbon exploration, strengthening domestic energy security, and promoting sustainable development in frontier and underexplored regions across Pakistan.