KARACHI: Oil and Gas Development Company Ltd (OGDC), operator of the Chanda — development and production lease — with joint venture partners Gov¬ern¬-ment Holdings Private Ltd (GHPL) and Zaver Pet¬roleum Corporation Ltd (ZPCL) has discovered crude oil and gas from its exploratory well Chanda No. 1, located in district Kohat, Khyber Pakhtun¬khwa.
In a filing with the PSX, the company stated that the structure of Chanda Well No.1 was tested during work over using OGDCL’s in-house expertise and in collaboration GHPL and ZPCL teams.
The well has tested 7,000 barrels per day of crude oil and 2.2 million standard cubic feet per day of gas through 32/64² choke at well head flowing pressure of 1150-1200 Psi from Hangu and Lumshiwal formation.
The company notice further mentioned that, earlier in Dec 1999, Lumshiwal formation had tested only 150bpd of crude oil and 0.89 mmscfd of gas through 32/64² choke at well head flowing pressure of 160-190 Psi.
However, the additional contribution of 550bpd and 1.34mmscfd to the discovery comes from Hangu formation which has been tested for the first time in Chanda structure.