BR100 Decreased By (-0.54%)
BR30 Decreased By (-0.55%)
KSE100 Decreased By (-0.59%)
KSE30 Decreased By (-0.6%)
AGHA 7.65 Decreased By ▼ -0.04 (-0.52%)
BECO 5.54 Increased By ▲ 0.30 (5.73%)
BML 60.24 Increased By ▲ 0.02 (0.03%)
BOP 34.74 Decreased By ▼ -0.54 (-1.53%)
CNERGY 12.92 Decreased By ▼ -0.21 (-1.6%)
CSIL 6.15 Increased By ▲ 0.04 (0.65%)
FCCL 57.70 Decreased By ▼ -0.27 (-0.47%)
FFL 16.25 Decreased By ▼ -0.17 (-1.04%)
FNEL 1.23 Increased By ▲ 0.03 (2.5%)
KEL 7.54 Increased By ▲ 0.06 (0.8%)
KOSM 5.93 Decreased By ▼ -0.11 (-1.82%)
LOTCHEM 27.90 Increased By ▲ 0.15 (0.54%)
MLCF 100.66 Decreased By ▼ -2.32 (-2.25%)
NBP 203.85 Decreased By ▼ -2.19 (-1.06%)
NCPL 61.55 Decreased By ▼ -0.69 (-1.11%)
NPL 70.39 Decreased By ▼ -0.90 (-1.26%)
OGDC 321.56 Decreased By ▼ -2.22 (-0.69%)
PACE 11.29 Decreased By ▼ -0.22 (-1.91%)
PAEL 43.51 Decreased By ▼ -0.39 (-0.89%)
PIBTL 16.61 Decreased By ▼ -0.07 (-0.42%)
PPL 230.70 Increased By ▲ 1.23 (0.54%)
PRL 72.18 Increased By ▲ 2.07 (2.95%)
PTC 71.68 Decreased By ▼ -0.47 (-0.65%)
SSGC 27.07 Decreased By ▼ -0.04 (-0.15%)
TBL 9.85 Decreased By ▼ -0.01 (-0.1%)
TELE 8.69 Decreased By ▼ -0.03 (-0.34%)
TPL 22.25 Decreased By ▼ -0.37 (-1.64%)
TPLP 15.25 Decreased By ▼ -0.43 (-2.74%)
TREET 24.24 Increased By ▲ 0.03 (0.12%)
TRG 60.11 Decreased By ▼ -1.02 (-1.67%)
Markets

Bettani-2 appraisal well: OGDCL begins oil & gas production

Published Updated

Oil and Gas Development Company Limited (OGDCL), Pakistan’s leading exploration and production company, has commenced oil and gas production from the Bettani-2 appraisal well in the Lakki Marwat district of Khyber Pakhtunkhwa.

The listed company disclosed the development in its notice to the Pakistan Stock Exchange (PSX) on Friday.

“Regarding the gas condensate discovery in Samanasuk formation at the Bettani-02 well, OGDCL, as the operator of the Wali Exploration License with a 100% working interest, has successfully commenced production from the Bettani-2 appraisal well in Lakki Marwat district, Khyber Pakhtunkhwa.

“Following the completion and stimulation in Kawagarh formation, the well is currently producing 8.5 million standard cubic feet per day (mmscfd) of gas and 610 barrels per day (bpd) of oil,” read the notice.

OGDCL begins oil & gas production from Hyderabad

OGDCL shared that the produced gas is being processed at its Bettani processing plant and injected into the SNGPL network for distribution.

“This achievement reflects OGDCL’s commitment to advanced exploration and production, reinforcing its leadership in the energy sector. The company remains dedicated to sustainable development and operational excellence, contributing to Pakistan’s energy security and economic growth,” added the company.

Last week, OGDCL announced production enhancement at its Kunnar Oil Field in the Hyderabad district of Sindh.

As Pakistan’s largest E&P company, OGDCL oversees operations spanning exploration, drilling, production, reservoir management, and engineering support.

The E&P has the most extensive exploration acreage in Pakistan, covering over 40% of the country’s total acreage awarded with net hydrocarbons of oil and gas.

Comments

Comments are closed for this article.

Ahmed Jan 31, 2025 11:34pm
Alhamdulillah
0