OGDC to expand Nashpa field, set up LPG plant
The Thal West 01 was drilled and tested using OGDC’s in-house expertise. The well was drilled down to the depth of 3,983 metres to test the hydrocarbon potential of Basal Sands of Lower Goru formation. The results showed presence of significant reserves of hydrocarbon in the well. The zone produced 17.2 million standard cubic feet of gas per day (mmscfd) at wellhead flow pressure of 2,820 per square inch (psi).
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The discovery has opened a new avenue and will add to the gas reserve base of OGDC and the country. OGDC, a leading oil and gas exploration company, posted a decline of 36% in its net profit for nine months ended March 31, 2016.
Published in The Express Tribune, June 28th, 2016.
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