TAL JV Discovers Gas at Bilitang-1 Well in Kohat
The TAL Joint Venture has made a significant gas discovery at its exploratory well Bilitang-1 in Kohat, Khyber Pakhtunkhwa. The find, reported in the Lockhart Formation, was announced through a notification to the Pakistan Stock Exchange (PSX).
Pakistan Petroleum Limited (PPL) confirmed that the discovery occurred in the partner-operated TAL Block, led by MOL Pakistan Oil & Gas Co. B.V. as operator with a 10 percent working interest. The remaining stakes are held by Oil & Gas Development Company Limited (OGDCL) with 30 percent, PPL with 30 percent, Pakistan Oilfields Limited (POL) with 25 percent, and Government Holdings Private Limited (GHPL) with 5 percent.
The discovery is expected to bolster Pakistan’s domestic gas reserves and contribute to meeting local energy demands. Officials noted that such finds reinforce the importance of ongoing exploration and investment in Pakistan’s oil and gas sector, highlighting the country’s potential for hydrocarbon development.
The TAL Joint Venture, operating with a multi-partner structure, has previously contributed to Pakistan’s energy portfolio through strategic exploration and development projects. Bilitang-1’s success adds to the portfolio of discoveries aimed at enhancing energy security and supporting economic growth.
