OGDC discovers gas, condensate at Spinwam-1 well in North Waziristan

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MG News | February 25, 2025 at 12:50 PM GMT+05:00

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February 25, 2025 (MLN): Oil & Gas Development Company Limited (PSX: OGDC) has discovered gas/condensate at the Spinwam-1 exploratory well, drilled in the Waziristan block, located in the North Waziristan District of Khyber Pakhtunkhwa Province.

The joint venture comprises OGDC (35% working interest), Mari Energies Limited, the operator (55%), and Orient Petroleum Inc. (10%).

The well was spudded in on May 28, 2024, and drilled down to a depth of 4,400m, the company's filing on PSX revealed today.

Initial pre-acid testing of the Samanasuk Formation has shown a flow of 12.96 million standard cubic feet per day (MMscfd) of gas and approx. 20 bbl/day of condensate at 32/64" choke and a wellhead flowing pressure of 2,127 psig.

Further testing is underway, including post-acid job and assessments in the existing formation and additional targeted formations, to fully evaluate the well's potential.

This discovery has opened a new play within the block.

Copyright Mettis Link News

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