PPL makes fourth consecutive gas discovery in Shah Bandar Block

News Image

MG News | July 30, 2026 at 02:38 PM GMT+05:00

July 30, 2026 (MLN): Pakistan Petroleum Limited (PSX:PPL), the operator of the Shah Bandar Exploration License, has made a gas/condensate discovery at its exploratory well Rahi X-1, located in District Sujawal, Sindh, marking the fourth consecutive find in the Shah Bandar Block.

PPL holds a 63% working interest in the block as operator, alongside joint venture partners Mari Energies Limited with 32%, and Sindh Energy Holding Company Limited (SEHCL) and Government Holdings Private Limited (GHPL) with 2.5% each.

The well was drilled and tested using indigenous expertise, the company’s filing on PSX revealed today.

According to the disclosure, the well was spudded on June 17, 2026, and drilled to a measured depth of 2,612 meters, with the primary objective of testing the hydrocarbon potential of the Upper Sand of the Lower Goru Formation.

Based on drilling results and acquired/interpreted wireline log data, a hydrocarbon-bearing zone was identified and tested through a cased hole drill stem test (DST).

During testing, the well flowed at the following rates:

Parameter

Result

Gas flow rate

0.493 MMscfd

Condensate flow rate

12 barrels/day

Wellhead Flowing Pressure (WHFP)

133 psi

Choke size

32/64"

Reservoir zone

Lower Goru Upper Sands (A-sand)

 

The company said preliminary test data indicate the tight nature of the reservoir, adding that further evaluation would be required to determine the commerciality of the discovery based on geological, geophysical and engineering data gathered during drilling and testing.

 

Copyright Mettis Link News

 

 

Related News

Name Price/Vol %Chg/NChg
KSE100 176,846.36
409.77M
-0.62%
-1109.15
ALLSHR 107,272.74
784.99M
-0.45%
-487.35
KSE30 52,438.23
109.21M
-0.80%
-423.49
KMI30 248,794.52
113.36M
-0.65%
-1628.55
KMIALLSHR 68,802.42
561.58M
-0.38%
-262.45
BKTi 50,360.41
21.24M
-1.11%
-567.14
OGTi 35,490.67
21.72M
0.06%
20.80
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 69,220.00 69,895.00
64,185.00
4505.00
6.96%
BRENT CRUDE 91.57 92.81
90.40
0.55
0.60%
RICHARDS BAY COAL MONTHLY 110.00 0.00
0.00
1.00
0.92%
ROTTERDAM COAL MONTHLY 122.50 122.50
122.50
-0.45
-0.37%
USD RBD PALM OLEIN 1,175.00 1,175.00
1,175.00
0.00
0.00%
CRUDE OIL - WTI 84.40 85.84
83.45
0.34
0.40%
SUGAR #11 WORLD 17.56 17.66
17.31
0.09
0.52%

Chart of the Day


Latest News
August 20, 2026 at 12:02 AM GMT+05:00

Diesel price slashed Rs32.63, petrol gets Rs2.97 hike


August 19, 2026 at 09:04 PM GMT+05:00

SBP raises Rs518bn through MTB Auction


August 19, 2026 at 06:30 PM GMT+05:00

Pakistani freelancers log over $175m in July


August 19, 2026 at 06:08 PM GMT+05:00

China's Chang'e-7 Lunar Probe set for launch


August 19, 2026 at 05:03 PM GMT+05:00

Pakistan's Nexa Robots seeks deeper Chinese tech partnership



Top 5 things to watch in this week

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