ECC allows one-year EWT to OGDC

By Nilam Bano | January 04, 2023 at 12:41 AM GMT+05:00
January 04, 2023 (MLN): The Economic Coordination Committee (ECC) of the Cabinet on Tuesday allowed one-year extended well testing (EWT) with condition that OGDCL will submit a Declaration of Commerciality (DoC) and Field Development Plan (FDP) over the Wali-1 discovery.
Petroleum Division presented a summary for EWT over Wali-1 Discovery Wali (E.L) and submitted that an exploration license (EL) was granted over Wali Block to OGDCL.
The company drilled an exploration well named Wali-1 and made a gas/condensate discovery in Lockhart Hangu and Kawagarh Formations.
Extended Well Testing is a technical requirement to appraise the said discovery over the Wali-1 exploration well drilled in Wali Block.
Federal Minister for Finance and Revenue Senator Mohammad Ishaq Dar presided over the said meeting.
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