ISLAMABAD (APP) The Oil and Gas Development Company Limited (OGDCL) has made another oil and gas discovery with 3,370 barrels per day of crude oil and 11 MMCFD gas from its appraisal well Nashpa 02, located in District Karak, Khyber Pakhtunkhwa. According to OGDCL officials here on Monday, Companys Operator of Nashpa Exploration License, together with its Joint Venture partners Pakistan Petroleum Limited (PPL) and Government Holding Private Limited (GHPL) discovered the new hydrocarbon bearing horizon from its appraisal well. The structure of well was delineated, drilled and tested utilizing indigenous expertise. Nashpa Well No.02 was drilled down to the depth of 4340 Meter targeting to test the oil and gas potential of Datta, Shinawari, Samanasuk, Lumshiwal, Hangu and Lockhart formations. Significant reserves of hydrocarbons have been found at Nashpa Well 3 No.II. The first targeted zone Datta Sandstone has been tested and produced 3370 barrels per day of crude oil and 11 MMCFD gas through 32/64 choke at well head flowing pressure 3800 psi. This discovery will add to the hydrocarbon reserves base of the company and joint venture partners, bringing significant savings to the country in term of oil import bill. Testing of another four potential reservoir formations will also be undertaken wherein similar encouraging results are expected. The full flow potential of this well and the extent of the discovery will be determined after completing the testing program.