PPL makes 4th hydrocarbon find in Shah Bandar

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KARACHI:

Pakistan Petroleum Limited (PPL), the operator of Shah Bandar exploration licence, has made a gas and condensate discovery at exploratory well Rahi X-1, located in Sujawal district of Sindh province.

"This is the fourth consecutive discovery at the Shah Bandar Block by PPL as an operator with 63% working interest along with its joint-venture partners Mari Energies having 32% working interest, Sindh Energy Holding Company and Government Holdings Private Limited with 2.5% interest each," said PPL in a notification posted on the Pakistan Stock Exchange website.

According to the company, drilling at the Rahi X-1 well started on June 17, 2026 and it reached the maximum depth of 2,612 metres with the primary objective to test the hydrocarbon potential of the Upper Sand of Lower Goru Formation. Based on the drilling results, a hydrocarbon-bearing zone was identified, which was examined through the cased-hole drill stem test (DST).

During testing, the well flowed at the rate of 0.493 million standard cubic feet per day (mmscfd) of gas and 12 barrels per day (bpd) of condensate against wellhead flow pressure of 133 pounds per square inch.