PAKISTAN – Energy
Pakistan Petroleum Limited (PPL) has informed the Pakistan Stock Exchange (PSX) that the TAL Joint Venture has made a gas discovery from the Lockhart Formation at its exploratory well Bilitang-1, located in district Kohat, Khyber Pakhtunkhwa.
The TAL JV comprises MOL Pakistan Oil & Gas Co. B.V. as operator with a 10% working interest, Oil & Gas Development Company Limited (OGDCL) and Pakistan Petroleum Limited (PPL) each holding 30%, Pakistan Oilfields Limited (POL) 25%, and Government Holdings (Private) Limited (GHPL) 5%.
The well was spudded on August 10, 2025, and drilled to a target depth of 4,011 meters true vertical depth (TVD). Based on interpretation of Logging While Drilling (LWD) and wireline log data, the Lockhart Formation was successfully tested, flowing gas at a rate of 1.37 million standard cubic feet per day (MMSCFD) on a 32/64-inch choke, with a wellhead flowing pressure of 254 psi.
According to the company, the discovery has de-risked further exploration prospects in the TAL Block and has opened up additional upside exploration opportunities in the area. – ER News Desk
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