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Business & Finance

OGDCL discovers Gas & Condensate reserves in KP

  • Based on open hole logs data, the well was tested at a rate of 1.6 Milion Standard Cubic Feet per Day (MMSCFD) of gas and 12 Barrels per day (BPD) of condensate through 32/64" choke at Well Head Flowing Pressure of 190 Pounds per square inch (PSI) from Samanasuk Formation.
Published December 24, 2020 Updated December 24, 2020 01:43pm

The Joint Venture of Baratai Block comprising Oil and Gas Development Company Limited (OGDCL) as operator (97.5 percent) and Khyber Pakhtunkhwa Oil & Gas Company Limited (KPOGCL) (2.5pc) has discovered gas and condensate from its exploratory Well Siab-1, which is located in District Kohat, Khyber Pakhtunkhwa Province.

As per OGDCL, the structure of Siab-1 was drilled and tested using OGDCL's in house expertise. The well was drilled down to the depth of 5500 Meters. Based on open hole logs data, the well was tested at a rate of 1.6 Milion Standard Cubic Feet per Day (MMSCFD) of gas and 12 Barrels per day (BPD) of condensate through 32/64" choke at Well Head Flowing Pressure of 190 Pounds per square inch (PSI) from Samanasuk Formation.

One more zone in "Lumshiwal/Hangu" formation has been tested at 4.18 Million Standard Cubic Feet per Day (MMSCFD) of Gas and 32 Barrels Per Day of condensate through choke size 32/64" at wellhead flowing pressure of 387 Pounds Per Square (Psi).

The discovery of Siab-1 is the result of the aggressive exploration strategy adopted by the company said OGDCL. It has opened a new avenue and would add to the hydrocarbon reserves base of OGDCL, KPOGCL and of the country and will contribute in reducing the gap between supply and demand of oil and gas in the country through the exploitation of indigenous resources.

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