OGDCL makes gas, condensate discovery in Khyber-Pakhtunkhwa
KARACHI:The Oil and Gas Development Company Limited (OGDCL), being the operator of Wali Exploration Licence with 100 per cent working interest, has made a gas and condensate discovery from its exploratory efforts at Wali #01 well, which is located in Khyber-Pakhtunkhwa, a bourse filing said on Tuesday.
The Wali #01 well was spudded-in on December 2, 2019 as an exploratory well and drilled down to the total depth of 4727 metres (measured depth) inside Kawagarh Formation. Based on the good oil/gas shows during drilling, interpretation of open whole logs data, successful testing was carried out in Kawagarh Formation, which proved to be gas/condensate discovery.
Now, Drill Stem Test (DST) has been performed in Hangu Formation. The well flowed at the rate of 11.361 Million Standard Cubic Feet/Day (MMSCFD) gas and 895 barrels/day condensate with the WellHead Flowing Pressure (WHFP) of 2800 pounds/square inch (PSI) at 32/64″ choke size.
It is highlighted that this gas/condensate discovery has further extended the hydrocarbon play area on the south western part of Bannu Basin.
OGDCL being the leading exploration and production company in Pakistan has adopted aggressive exploration strategy, which has resulted in hydrocarbon discoveries. This discovery will add to the hydrocarbon reserves base of OGDCL and of the country. It will positively contribute in mitigating the energy demand and supply gap from indigenous resources.
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