December 13, 2024 (MLN): Oil and Gas Development Company Limited (PSX: OGDC) has made a gas and condensate discovery in Samanasuk formation, an exploratory zone, at the Bettani-02 (Slant) well located in District Laki Marwat, Khyber Pakhtunkhwa Province.
OGDC is the operator of Wali Exploration License with a 100% working interest.
Bettani-02 (Slant) well was spudded in as an appraisal well and drilled to a depth of 5,080 meters into the Shinawari formation.
During drilling, a 247-meter-thick Samanasuk formation (exploratory effort) was penetrated.
Cased Hole DST-1 was carried out, and the well flowed at a rate of 2.14 Million Standard Cubic Feet per Day (MMSCFD) of gas and 74 barrels of condensate per day (BCPD) on a 32/64” choke with a wellhead flowing pressure of 435 psi.
Based on initial testing results, the discovery marks the first-ever hydrocarbon find in Samanasuk formation within Wali Exploration License.
This discovery has significantly expanded the hydrocarbon play area in the southwestern region of the Bannu Basin.
It has also reduced the risks associated with exploring deeper reservoirs.
To build on this success, OGDCL has designed a comprehensive exploration program aimed at unlocking further potential in the area.