Tuesday, September 15, 2009

OGDC hits oil in Karak: The News

KARACHI: The Oil & Gas Development Company (OGDC), operator of Nashpa E.L., together with its joint venture partners i.e. PPL and GHPL, has discovered hydrocarbon reserves in the Lockhart Zone of recent discovery made in Nashpa 01 well located in District Karak of NWFP province.

According to a press statement, Nashpa 01 well was spuded on June 29, 2008 and drilled down to the depth of 4,384 M. Initially, one of the potential zones, middle Lockhart was tested on August 31, 2009 which flowed 3,000 bbls/day of crude oil and 9.7 mmscfd of gas.

For more on this article, please click on the following link: OGDC hits oil in Karak: The News

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