KARACHI: Oil and Gas Development Company Ltd (OGDC), operator of the Chanda — development and production lease — with joint venture partners Gov­ern­­ment Holdings Private Ltd (GHPL) and Zaver Pet­roleum Corporation Ltd (ZPCL) has discovered crude oil and gas from its exploratory well Chanda No. 1, located in district Kohat, Khyber Pakhtun­khwa.

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.

Published in Dawn, September 11th, 2018

Follow Dawn Business on X, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

War & deception
Updated 09 Mar, 2026

War & deception

While there is little doubt that Iran is involved in many of the retaliatory attacks, the facts raise suspicions that another player may be at work.
The witness box
09 Mar, 2026

The witness box

IT is often the fear of the courtroom and what may transpire therein that drives many victims of crime, especially...
Asylum applications
09 Mar, 2026

Asylum applications

BRITAIN’S tough immigration posture has again drawn attention to the sharp rise in asylum claims by Pakistani...
Petrol shock
Updated 08 Mar, 2026

Petrol shock

With oil markets bracing for more volatility, more price shocks are inevitable in the coming weeks.
Women’s Day
08 Mar, 2026

Women’s Day

IT is a simple truth: societies progress when women are able to shape them. Yet the struggle for equality has never...
Rescuing hockey
08 Mar, 2026

Rescuing hockey

PAKISTAN hockey is back to where it should be. Years of misses came to an end on Friday with a long-awaited...