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Oil & Gas Development Company Limited (OGDC): 1HFY25 Corporate Briefing Takeaways - By Taurus Research

  • By: Taurus Securities Limited

  • - Published: Monday, 03 March 2025
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<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">OGDC is Pakistan&rsquo;s largest exploration and production company. It is a market leader in terms of its exploration acreage (covering around 39%), oil and gas reserves, and production. OGDC holds 33% of Pakistan Minerals Private Limited (PMPL), 25% of Pakistan International Oil Limited (PIOL), and 20% of Mari Petroleum Company Limited (MARI). OGDC owns 112 Development &amp; Production Leases, with 79 operated and 33 non-operated, respectively.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">In 1HFY25, OGDC contributed 48%, 28% and 34% in total production of Oil, Natural Gas and LPG, respectively. Where, average daily saleable crude oil, gas and LPG production was 31.4K barrels, 672MMCF and 629 ton...

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