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OGDC hits oil, gas in Nashpa well

Wednesday, 2 Sep, 2009 3:59 am

KARACHI : Oil and Gas Development Company (OGDC) has hit hydrocarbon reserves in its exploratory well Nashpa No 01, district Karak of NWFP. According to information sent to KSE here Tuesday, the well has produced 3,000 barrels of oil and 9.678 mmcf per day of gas on 32/64" choke size at wellhead flowing pressure of 2340 PSI. The well is a joint venture between OGDC, PPL (30 pc) and Government Holdings (pvt) Ltd (05 pc). The well was spudded on June 29, 2008 and drilled down to its target depth of 4384 meters.

Copyright APP (Associated Press of Pakistan), 2009

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