POL finds gas, condensate at TAL Block well

News Image

MG News | June 27, 2025 at 09:59 AM GMT+05:00

0:00

June 27, 2025 (MLN): Pakistan Oilfields Limited (PSX: POL) has disclosed a significant hydrocarbon discovery at the Development Well, Makori Deep-03, located in the TAL Block, District Karak, Khyber Pakhtunkhwa.

The company holds a 25% pre-commerciality working interest in the TAL Block, operated by MOL, the notification issued to the local bourse.

Drilling operations for the Makori Deep-03 well commenced on December 12, 2024, reaching a total depth of 3,887 meters.

Upon completion, the well tested a flow of 22.08 million standard cubic feet (MMSCF) of gas per day and 2,112 barrels of condensate per day, along with 15 barrels per day of water.

The test was conducted at a fixed choke size of 32/64" and a flowing wellhead pressure of 4,744 psi, targeting the Lockhart formation.

The well is expected to be connected to the production line within two months.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 180,512.65
448.22M
-1.39%
-2537.16
ALLSHR 108,400.67
868.95M
-1.31%
-1441.30
KSE30 55,207.56
114.28M
-1.38%
-773.10
KMI30 255,372.52
163.47M
-1.65%
-4292.29
KMIALLSHR 69,728.20
559.75M
-1.31%
-922.50
BKTi 52,173.33
27.19M
-1.16%
-613.90
OGTi 35,348.89
25.23M
-2.28%
-823.86
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 65,530.00 68,520.00
65,200.00
-2185.00
-3.23%
BRENT CRUDE 67.40 69.85
67.20
-2.00
-2.88%
RICHARDS BAY COAL MONTHLY 96.00 0.00
0.00
-0.15
-0.16%
ROTTERDAM COAL MONTHLY 104.00 104.50
103.55
1.20
1.17%
USD RBD PALM OLEIN 1,071.50 1,071.50
1,071.50
0.00
0.00%
CRUDE OIL - WTI 62.72 65.10
62.54
-1.91
-2.96%
SUGAR #11 WORLD 13.80 13.92
13.67
-0.04
-0.29%

Chart of the Day


Latest News
February 12, 2026 at 08:57 PM GMT+05:00

PM takes notice of NEPRA’s new solar regulations


February 12, 2026 at 08:19 PM GMT+05:00

EU dairy products face reduced but ongoing tariffs in China


February 12, 2026 at 07:38 PM GMT+05:00

Govt launches implementation phase of PM’s PAVE scheme


February 12, 2026 at 07:11 PM GMT+05:00

Samsung begins mass production of HBM4 memory chips


February 12, 2026 at 07:07 PM GMT+05:00

SBP reserves rise by $21m



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg