Production from Wali (Bettani) Field commenced: OGDCL

MG News | June 15, 2023 at 03:03 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

June 15, 2023 (MLN): Oil and Gas Development Company Limited (OGDCL) has announced the commencement of production from the Wali (Bettani) oil and gas field situated in district Lakki Marwat, Khyber Pakhtunkhwa, the company’s filing on PSX showed today.

OGDCL is the operator of Wali (Bettani) oil and gas field.

The notice added that OGDCL has successfully completed the installation of early production facility to fast track monetization of hydrocarbons.

The anticipated daily production rates of the Wali (Bettani) gas field with respect to gas and oil are 10 Million Standard Cubic Feet (MMSCF/day) and 1000 billion barrels (BBLS/day).

OGDCL will initiate production from the respective field within the next 24 hours, seamlessly integrating it into a national grid.

Going forward, the company would drill two additional wells, Wali Deep #1 and Wali Deep #2, and once completed, the gas production would enhance to 50 MMSCF/Day.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	170,506.31 634.15M	-0.36% -609.51
ALLSHR	102,597.99 1,100.83M	-0.03% -32.82
KSE30	51,021.03 79.10M	-0.89% -457.52
KMI30	244,736.28 154.00M	-0.41% -995.51
KMIALLSHR	66,770.85 754.12M	0.18% 120.54
BKTi	46,874.09 27.88M	-0.86% -405.50
OGTi	35,621.25 6.98M	-0.23% -83.69

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	81,300.00	82,215.00 80,840.00	-885.00 -1.08%
BRENT CRUDE	105.11	105.35 104.23	0.90 0.86%
RICHARDS BAY COAL MONTHLY	110.00	0.00 0.00	-5.00 -4.35%
ROTTERDAM COAL MONTHLY	109.70	110.00 108.15	2.60 2.43%
USD RBD PALM OLEIN	1,191.50	1,191.50 1,191.50	0.00 0.00%
CRUDE OIL - WTI	98.99	99.28 98.00	0.92 0.94%
SUGAR #11 WORLD	14.95	14.99 14.60	0.26 1.77%