OGDCL announces gas/condensate discovery at Siab-1 Well

August 28, 2020 (MLN): A joint venture of Baratai Block comprising Oil and Gas Development Limited (OGDCL) and Khyber Pakhtunkhwa Oil & Gas Company Limited (KPOGCL) has announced the discovery of gas and condensate from its exploratory Well Siab-1, which is located in District Kohat, Khyber Pakhtunkhwa.

According to the notification to PSX, the structure of Siab-1 was drilled and tested using OGDCL's in house expertise. The well was drilled down to the depth of 5500 Meters. Based on open hole logs data, the well was tested at a rate of 1.6 Million Standard Cubic Feet per Day (MMSCFD) of gas and 12 Barrels per day (BPD) of condensate through 32/64″ choke at Well Head Flowing Pressure of 190 Pounds per square inch (PSI) from Samanasuk Formation.

The discovery of Siab-1 is the result of an aggressive exploration strategy adopted by the OGDCL. It has opened a new avenue and would add to the hydrocarbon reserves base of OGDCL, KPOGCL, and of the country and will contribute to reducing the gap between supply and demand of oil and gas in the country through the exploitation of indigenous resources, the notice said.

Copyright Mettis Link News

Posted on: 2020-08-28T16:20:00+05:00

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