The Oil and Gas Development Company Limited (OGDCL) has made a Gas and Condensate discovery from its exploratory well Chandio 01 of Tando Allah Yar Exploration Licence located in district Hyderabad. The Hydrocarbon was found from Lower Goru Formation.
Candio Well No 01 is a joint venture between OGDCL with 95 percent share and GHPL with 5 percent share with OGDCL as operator. According to information sent to the Karachi Stock Exchange here on Thursday, the Chandio Well No 01 was drilled down to the depth of 3660 meters, targeting to test the potentials of "Massive", "Basal" and A-Sands of Lower Goru Formation of Cretaceous Age.
Base on drilling and electric log data, four zones were selected for testing. Production testing of Zone-3 (Massive-Sands) of Lower Goru Sand member proved productive. The short duration initial testing results are as Choke sizes 32/64 inches, WHFP (PSI) 540, quantity of gas 2.45mmscfd and quantity of condensate 70bpd.
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