Hydrocarbons discovered in KP

Islamabad: Oil & Gas Development Company Limited (OGDCL) on Thursday said it has made a gas and condensate discovery over Kawagarh formation from its Well Wali in Khyber Pakhtunkhwa.

"This discovery is unique as it is the first ever discovery made in Kawagarh Formation in Pakistan and will open new avenues for exploration in Pakistan," the company said in a statement.

The structure of Well Wali 01 was drilled and tested using OGDCL’s in house expertise. The well was drilled down to the depth of 4,727 meters in Kawagarh formation.

"Based on the good oil and gas shows during drilling, interpretation of open hole logs data, Drill Stem Test (DST) was conducted in the Kawagarh Formation of Late Cretaceous age," the statement added. The well has tested 11.8 MMSCFD of Gas and 945 BPD of Condensate with wellhead flowing pressure of 3000 Psi at 32/64” choke size.