PPL unlocks unconventional gas potential in Sindh’s Kandhkot Block
MG News | December 23, 2025 at 04:31 PM GMT+05:00
December 23, 2025 (MLN): Pakistan Petroleum Limited (PSX:PPL) has made
an unconventional gas discovery from the Lower Alabaster Formation at its
exploratory well LAL X-1, located in District Kashmore within the Kandhkot
Development and Production Lease (D&PL) area of Sindh Province.
The discovery marks the first successful hydrocarbon find
from the Lower Alabaster Formation in the Kandhkot D&PL, where PPL holds a
100% working interest as the operator, according to the company's statement
issued today.
The LAL X-1 well was spudded on June 30, 2025, and drilled
to a total depth of 1,408 metres MD BKB. The well was designed to evaluate the
hydrocarbon potential of interbedded limestone beds within the Lower Alabaster
Formation.
During post-completion testing, the well recorded a gas flow
rate of 0.138 MMscfd against a wellhead flowing pressure of 33 psig at a
64/64-inch choke.
The results confirm the presence of hydrocarbon potential in
the Lower Alabaster Formation.
The commercial viability of the discovery will be determined
following detailed post-well analysis and the outcomes of future exploration
wells targeting the Lower Alabaster play in the area.
Related News
| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 171,073.73 239.25M | -0.08% -130.44 |
| ALLSHR | 103,120.18 648.63M | -0.20% -206.29 |
| KSE30 | 52,237.50 75.59M | -0.16% -86.08 |
| KMI30 | 243,705.75 64.55M | -0.42% -1027.98 |
| KMIALLSHR | 66,920.67 287.33M | -0.36% -243.91 |
| BKTi | 47,435.09 35.67M | 0.57% 269.64 |
| OGTi | 33,136.01 4.63M | -0.58% -193.65 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 87,770.00 | 88,980.00 87,000.00 | -620.00 -0.70% |
| BRENT CRUDE | 62.18 | 62.27 61.82 | 0.11 0.18% |
| RICHARDS BAY COAL MONTHLY | 91.00 | 0.00 0.00 | 2.30 2.59% |
| ROTTERDAM COAL MONTHLY | 96.65 | 96.65 96.65 | 0.25 0.26% |
| USD RBD PALM OLEIN | 1,016.00 | 1,016.00 1,016.00 | 0.00 0.00% |
| CRUDE OIL - WTI | 58.10 | 58.17 57.76 | 0.09 0.16% |
| SUGAR #11 WORLD | 15.07 | 15.08 14.96 | 0.08 0.53% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Pakistan Stock Movers
| Name | Last | Chg/%Chg |
|---|
| Name | Last | Chg/%Chg |
|---|
Disbursement Report of Foreign Economic Assistance