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OGDCL Begins Gas Production from Lundali‑1 Well in Sindh

Oil and Gas Development Company Limited (OGDCL) has started commercial gas output from the Lundali‑1 well in the Sukhpur‑II Block, delivering 10 MMscfd to Sui Southern Gas Company.

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OGDCL Begins Gas Production from Lundali‑1 Well in Sindh — Oil & Gas | Shariah PSX

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Sector Effect

Positive · Buy bias

Oil & Gas sector gains from new indigenous gas supply; OGDC ticker shows Buy bias.

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Desk call: Buy bias · Positively affected

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Sectors: Oil & Gas Positive · Buy bias. PSX tickers: OGDC. Oil & Gas sector gains from new indigenous gas supply; OGDC ticker shows Buy bias.

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OGDCL launches gas output from Lundali‑1

Oil and Gas Development Company Limited (OGDCL) announced that gas production commenced at the Lundali‑1 well, located in the Sukhpur‑II Block of Sindh, with first gas recorded on 6 September 2026. The company, which holds a 30 % working interest in the block, confirmed that the well has been fully commissioned.

Production details

The Lundali‑1 well is now delivering approximately 10 million standard cubic feet per day (MMscfd) of natural gas at a wellhead pressure of around 2,000 psi. The output is being supplied directly to Sui Southern Gas Company Limited (SSGC), enhancing the country’s indigenous gas supply.

Joint‑venture partners

Prime Global Energies Limited operates the Sukhpur‑II Block with a 25 % working interest. Mari Energies Limited and Turkish Petroleum Overseas Company Limited hold 30 % and 15 % respectively. The Petroleum Concession Agreement and Exploration Licence for the block became effective on 2 December 2025.

Regulatory disclosure

OGDCL filed the production notice with the Pakistan Stock Exchange (PSX) in accordance with Section 96 of the Securities Act, 2015 and Clause 5.6.1(a) of the PSX Regulations, signalling compliance and transparency for investors.

Market relevance

The addition of 10 MMscfd of indigenous gas supports Pakistan’s energy security objectives and is expected to benefit the domestic gas market, potentially easing supply pressures for SSGC and downstream users.