OGDC reports third gas, condensate discovery

By MG News | April 03, 2025 at 12:29 PM GMT+05:00

0:00

April 03, 2025 (MLN): Oil & Gas Development Company Limited (PSX: OGDC) has reported a third gas and condensate discovery at the Spinwam-1 well in the Waziristan Block, Khyber Pakhtunkhwa, from the Hangu Formation.

This follows an earlier discovery from the Kawagarh Formation, announced on March 18, 2025.

The well has flowed 23.85 million standard cubic feet per day (MMSCFD) of gas and 122 barrels per day of condensate at a 32/64" choke, with a Well Head Flowing Pressure (WHFP) of 4,042 psi.

Further testing of additional formations is underway.

OGDCL holds a 35% working interest in the Waziristan Block, with Mari Energies Limited as the operator (55%) and Orient Petroleum Inc. holding a 10% stake.

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