• AED to PKR – Convert UAE Dirhams to Pakistani Rupees
  • CAD to PKR – Convert Canadian Dollars to Pakistani Rupees
  • Economy.pk
  • GBP to PKR – Convert British Pounds to Pakistani Rupees
  • SAR to PKR – Convert Saudi Riyals to Pakistani Rupees
  • USD to PKR – Convert US Dollars to Pakistani Rupees
Saturday, June 13, 2026
  • Login
No Result
View All Result
Economy.pk
  • Business
  • Economy
  • Technology
  • Sports
  • Education
  • Health
  • Politics
  • World
  • Gold Rates
  • Business
  • Economy
  • Technology
  • Sports
  • Education
  • Health
  • Politics
  • World
  • Gold Rates
No Result
View All Result
Economy.pk
No Result
View All Result

PPL Discovers Gas in Lockhart Formation at Bilitang-1 Well in Kohat

by Web Desk
January 19, 2026
in Economy, Energy
0
PPL Discovers Gas in Lockhart Formation at Bilitang-1 Well in Kohat
46
SHARES
4.6k
VIEWS
Share on FacebookX

Pakistan Petroleum Limited (PPL) has announced a new gas discovery at its Bilitang-1 exploratory well, situated in the Kohat district of Khyber Pakhtunkhwa. The discovery was made in the Lockhart formation, marking a significant milestone in the region’s energy exploration efforts.

Details of the Discovery

The announcement was made through a notice submitted to the Pakistan Stock Exchange (PSX). The discovery was achieved under the TAL Joint Venture, which includes several partners with varying working interests: MOL Pakistan Oil & Gas Co. B.V. as the operator holding 10%, Oil & Gas Development Company Limited (OGDCL) with 30%, Pakistan Petroleum Limited (PPL) at 30%, Pakistan Oilfields Limited (POL) with 25%, and Government Holdings Private Limited (GHPL) holding 5%.

Well Drilling and Testing

The Bilitang-1 well was spudded-in on August 10, 2025, and successfully reached a target depth of 4,011 meters True Vertical Depth (TVD). Based on the interpretation of Logging While Drilling (LWD) and wireline logs data, the Lockhart formation was tested and produced gas at a rate of 1.37 million standard cubic feet per day (MMSCFD) using a 32/64-inch choke. The wellhead flowing pressure (WHFP) during the test was recorded at 254 pounds per square inch (psi).

Implications for Future Exploration

PPL stated that this discovery reduces the risks associated with further exploration in the TAL Block and opens up new opportunities for additional resource development in the area.

Tags: Bilitang-1 wellExplorationgas discoveryKhyber-PakhtunkhwaKohatLockhart formationOGDCLOil and GasPakistan Petroleum LimitedPOLPPLTAL Joint Venture
Web Desk

Web Desk

Related Posts

Pakistan, China agree to strengthen deep-rooted multifaceted ties

Pakistan, China agree to strengthen deep-rooted multifaceted ties

by Web Desk
May 26, 2026
0

Pakistan and China have reaffirmed their commitment to strengthening bilateral ties, strategic cooperation, and political mutual trust during Prime Minister...

IT exports expected to reach $4bn during current fiscal year, PM told

IT exports expected to reach $4bn during current fiscal year, PM told

by Web Desk
May 11, 2026
0

Prime Minister Shehbaz Sharif was informed on Monday that Pakistan’s IT exports are projected to reach between $4.5 billion and...

IMF approves $1.32b financing for Pakistan

IMF approves $1.32b financing for Pakistan

by Web Desk
May 9, 2026
0

The Executive Board of International Monetary Fund has approved one point three-two billion dollars financing for Pakistan under its Extended...

Pakistan speeds up taxation proposals ahead of key IMF budget talks

Pakistan speeds up taxation proposals ahead of key IMF budget talks

by Suneela Zulfiqar
May 6, 2026
0

With talks expected to begin with the International Monetary Fund (IMF) on May 12, 2026, to finalise the overall framework...

Pakistan repays $3.45bn to UAE, confirms central bank

Pakistan repays $3.45bn to UAE, confirms central bank

by Web Desk
April 24, 2026
0

Pakistan has repaid a total of $3.45 billion in deposits to the United Arab Emirates (UAE), the State Bank of...

Pakistan seeks three spot LNG cargoes in first tender since Dec 2023

Pakistan seeks three spot LNG cargoes in first tender since Dec 2023

by Web Desk
April 23, 2026
0

ISLAMABAD: Pakistan LNG Limited (PLL) has issued its first spot tender for liquefied natural gas (LNG) since December 2023, as...

Next Post
Achakzai Calls for Democratic 'New Pakistan' at Karachi Lawyers' Seminar

Achakzai Calls for Democratic 'New Pakistan' at Karachi Lawyers' Seminar

Ads

  • AED to PKR – Convert UAE Dirhams to Pakistani Rupees
  • CAD to PKR – Convert Canadian Dollars to Pakistani Rupees
  • Economy.pk
  • GBP to PKR – Convert British Pounds to Pakistani Rupees
  • SAR to PKR – Convert Saudi Riyals to Pakistani Rupees
  • USD to PKR – Convert US Dollars to Pakistani Rupees

© 2026 All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Business
  • Economy
  • Technology
  • Sports
  • Education
  • Health
  • Politics
  • World
  • Gold Rates

© 2026 All Rights Reserved

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.