The state-owned Oil and Gas Development Company Limited (OGDCL) has informed Pakistan Stock Exchange (PSX) that it being the operator of Wali Exploration Licence with 100% working interest, has made a gas and condensate discovery over Kawagarh Formation from its exploratory efforts at well Wali # 01, which is located in FR Lakki, Khyber Pakhtunkhwa Province. The said discovery is unique as it is the first-ever discovery made in Kawagarh formation in Pakistan and will open new avenues for exploration. This will boost exploration activities in Pakistan.
The structure of well Wali#01 was drilled and tested using OGDCL’s in house expertise.
Based on the excellent oil/gas shows during drilling, interpretation of open-hole logs data, i.e. presence of fractures in limestone-based on image logs data, Drill Stem Test (DST) was conducted in the Kawagarh Formation of Late Cretaceous age. The well was drilled down to the depth of 4727 meters Kawagarh formation. 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.
The discovery of well Wali # 01 results from an aggressive exploration strategy had adopted by the company.
OGDCL is a pioneer in making landmark discoveries of hydrocarbons in Khyber Pakhtunkhwa Province. Previously it discovered Chanda and has now found oil and gas from Kawagarh formation (Kohat Basin) in Pakistan, upholding its record. The discovery will add to the hydrocarbon reserves of OGDCL and increase hydrocarbon supply and reduce the energy crisis in our country.