Karachi, March 27, 2026 – Pakistan has announced a significant hydrocarbon discovery in Khyber Pakhtunkhwa, marking a positive development for the country’s energy sector and future resource security.
According to an official disclosure submitted to the Pakistan Stock Exchange, the TAL Joint Venture—comprising Oil and Gas Development Company Limited (30%), MOL Pakistan Oil and Gas Co. B.V. (10%, operator), Pakistan Petroleum Limited (30%), Pakistan Oilfields Limited (25%), and Government Holdings Private Limited (5%)—has successfully appraised gas reserves at the Bilitang-1 ST-1 exploratory well.
The well, located in Kohat district, was spudded on August 10, 2025, and later sidetracked to target improved reservoir quality. It was drilled to a total depth of 4,004 meters (TVD). Based on LWD and wireline log interpretations, the Lumshiwal Formation yielded promising results, producing approximately 26.5 million standard cubic feet per day (MMscfd) of gas at 32/64” choke, with a wellhead flowing pressure of 4,214 psi.
This successful appraisal has significantly reduced exploration risks in the TAL Block and opened new avenues for further hydrocarbon exploration in the region. Industry experts believe the discovery will strengthen Pakistan’s indigenous energy supply and reduce reliance on costly fuel imports.
Moreover, the find is expected to enhance the hydrocarbon reserves base of the joint venture partners while contributing to national energy security. The disclosure was made in compliance with regulatory requirements under the Securities Act, 2015, ensuring transparency for investors and stakeholders.