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OGDC announces fresh oil, gas discovery in K-P’s Kohat district | The Express Tribune
Oil and Gas Development Company Limited (OGDC) on Tuesday announced another major oil and gas discovery at its exploratory well Baragzai X-01 (Slant) in the Nashpa Block in Kohat district of Khyber-Pakhtunkhwa, underlining the area’s growing importance for Pakistan’s energy security.
The well, drilled to a depth of 5,170 metres, successfully tested the Samana Suk and Shinawari formations and is producing 3,100 barrels of oil per day and 8.15 million standard cubic feet of gas per day, OGDC said in a statement. The well flowed through a 32/64-inch choke at a wellhead pressure of 3,010 pounds per square inch gauge, confirming the commercial viability of the discovery.
The latest find marks OGDC’s third discovery in just one month in the same region. Together, the three discoveries are producing 9,480 barrels of oil per day, accounting for about 14.5% of Pakistan’s current domestic crude oil production. Officials said the output is expected to help narrow the energy supply-demand gap and reduce reliance on expensive oil imports.
Read: OGDC ramps up unconventional gas plans
The Baragzai X-01 well was spudded on December 30, 2024, as part of OGDC’s broader effort to assess the hydrocarbon potential of multiple formations in the Nashpa Block. These include Lockhart, Hangu, Lumshiwal, Samana Suk, Shinawari, Datta and Kingriali, with earlier evaluations already leading to discoveries in the Kingriali and Datta formations.
OGDC operates the Nashpa Exploration License with a 65% working interest, while Pakistan Petroleum Limited and Government Holdings Private Limited are joint venture partners. The company said the discoveries would have positive implications for Pakistan’s national energy security.
The continued success of exploration in Khyber-Pakhtunkhwa comes as OGDC seeks to tap Pakistan’s tight and shale gas resources, long seen as an underdeveloped domestic energy source. The company plans to accelerate shale gas exploration in 2026-27, starting with a five- to six-well programme that could eventually expand to hundreds, or even more than 1,000, wells across the country.
Officials said the new discoveries come at a critical time as Pakistan struggles with persistent energy shortages, and increased local production could offer some relief to the country’s energy supply crisis.
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Gold price today (March 25, 2026): How much 24K and 22K gold cost in Delhi, Mumbai & more- Check rates – The Times of India
Gold futures traded higher on the Multi Commodity Exchange (MCX) on Friday with key contracts registering gains of up to 1.6 per cent amid firm buying interest and supportive global cues.The April 2026 gold contract rose by Rs 2,290, or 1.64 per cent, to trade at Rs 1,41,783 per 10 grams. The contract moved between an intraday low of Rs 1,40,287 and a high of Rs 1,42,800. The June 2026 contract, which saw higher trading activity, gained Rs 1,921, or 1.35 per cent, to Rs 1,44,435 per 10 grams. During the session, it touched a low of Rs 1,43,652 and a high of Rs 1,45,773. Meanwhile, the August 2026 contract advanced by Rs 1,480, or 1.02 per cent, to Rs 1,47,100 per 10 grams, with an intraday range of Rs 1,47,040 to Rs 1,48,600.Here is how gold prices stand across major cities today:
Gold price in Delhi today
Gold prices in the national capital declined, with 24K gold quoted at Rs 14,486 per gram, down Rs 218, while 22K gold slipped Rs 200 to Rs 13,280 per gram.
Gold price in Mumbai today
Mumbai bullion markets also saw a drop, with 24K gold priced at Rs 14,471 per gram, down Rs 218, and 22K gold at Rs 13,265 per gram, lower by Rs 200.
Gold price in Chennai today
Chennai recorded a sharper decline, with 24K gold selling at Rs 14,651 per gram, down Rs 262, while 22K gold dropped Rs 240 to Rs 13,430 per gram.
Gold price in Kolkata today
In Kolkata, 24K gold was quoted at Rs 14,471 per gram, down Rs 218, while 22K gold stood at Rs 13,265 per gram, lower by Rs 200.
Gold price in Hyderabad today
Hyderabad markets reflected a similar trend, with 24K gold priced at Rs 14,471 per gram, down Rs 218, and 22K gold at Rs 13,265 per gram, slipping Rs 200.
Gold price in Bangalore today
In Bangalore, 24K gold was quoted at Rs 14,471 per gram, down Rs 218, while 22K gold was selling at Rs 13,265 per gram, lower by Rs 200.
Gold price in Ahmedabad today
Ahmedabad bullion markets showed declines, with 24K gold at Rs 14,476 per gram, down Rs 218, while 22K gold fell Rs 200 to Rs 13,270 per gram.
Gold price in Lucknow today
In Lucknow, 24K gold was priced at Rs 14,486 per gram, down Rs 218, while 22K gold moved lower by Rs 200 to Rs 13,280 per gram.
Gold price in Patna today
Patna markets also recorded weaker rates, with 24K gold quoted at Rs 14,476 per gram, down Rs 218, and 22K gold at Rs 13,270 per gram, lower by Rs 200.
Gold price in Jaipur today
In Jaipur, 24K gold was quoted at Rs 14,486 per gram, down Rs 218, while 22K gold stood at Rs 13,280 per gram, down Rs 200.
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Gold price today (March 25, 2026): How much 24K and 22K gold cost in Delhi, Mumbai & more- Check rates – The Times of India
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