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Markets

PPL discovery gas at Khyber Pakhtunkhwa

  • Says well successfully reached target depth of 4,011 meters True Vertical Depth
Published Updated

Pakistan Petroleum Limited (PPL) announced on Monday that it had discovered gas from the Lockhart formation at its exploratory well Bilitang-1, located in district Kohat, Khyber Pakhtunkhwa.

The development was shared in a notice to the Pakistan Stock Exchange (PSX) today.

The notice said that the discovery was made through “TAL Joint Venture, comprising MOL Pakistan Oil & Gas Co. B.V. (operator) with 10% working interest (WI), Oil & Gas Development Company Limited (OGDCL) 30% WI, Pakistan Petroleum Limited (PPL) 30% WI, Pakistan Oilfields Limited (POL) 25% WI and Government Holdings Private Limited (GHPL) 5% WI.”

The well was spudded-in on 10th August 2025 and successfully reached the target depth of 4,011 meters True Vertical Depth (TVD), the PPL said.

READ MORE: OGDCL makes significant oil and gas discovery in Khyber Pakhtunkhwa

The notice said that based on the interpretation results of Logging While Drilling (LWD)/wireline logs data, Lockhart formation (Exploratory Target) was successfully tested at the rate of 1.37 Million Standard Cubic Feet Per Day (MMSCFD) of gas at 32/64“ choke against Wellhead Flowing Pressure (WHFP) of 254 Pounds per Square Inch (Psi).

“This discovery has de-risked further exploration play in TAL Block, leading to new upside opportunities,” the listed company said.

Comments

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Ashfaq Ahmad Jan 19, 2026 10:54pm
Good effort
0
Ashfaq Ahmad Jan 19, 2026 10:54pm
Good luck
0
Irfan Ghouri Jan 20, 2026 02:00am
Interested in
0
Ulfat Jan 20, 2026 09:17am
Congratulations I m so happy to hear I pray for my beautiful country I also pray my country have all and everything So that our people don't go abroad for jobs Ameen
0