TAL Joint Venture, comprising various E&Ps, has discovered gas in its exploratory well Bilitang-1, located in District Kohat, Khyber Pakhtunkhwa.
The notice to the Pakistan Stock Exchange (PSX) said that TAL Joint Venture comprising MOL Pakistan Oil & Gas Co. B.V. (as operator) with 10% working interest, Oil & Gas Development Company Limited (OGDCL) 30%, Pakistan Petroleum Limited (PPL) 30%, Pakistan Oilfields Limited (POL) 25% and Government Holdings Private Limited (GHPL) 05%, made the discovery.
The exploratory well was spudded-in on August 10, 2025, and successfully reached a target depth of 4011m TVD, the notice read.
“Based on interpretation results of LWD/wireline logs data, Hangu/ Lumshiwal formations (Exploratory Targets) were initially tested successfully at a rate of 1.58 Million Standard Cubic Feet per day (MMSCFD) gas at 40/64“ choke against Wellhead Flowing Pressure (WHFP) 164 Pounds per Square Inch (Psi),” the PSX was informed.
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This discovery has de-risked further exploration play in TAL Block, leading to new upside opportunities and will also help and contribute towards improving energy security of the country from indigenous resources and add to the hydrocarbon reserves base of PPL, its Joint Venture Partners and the country.
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