Pakistan oil, gas production up in Oct on RLNG disruption; one discovery reported

KARACHI (Staff Report): Pakistan’s oil and gas production increased on a year-on-year basis in October 2026, while exploratory activity gained momentum, according to Topline Securities’ Oil and Gas Exploration Alert.

According to the report, which tracks September 2026 production data with a one-month lag, crude oil production stood at 67.2k bopd, up 6% YoY but down 2% MoM.

Natural gas production was 2,997 mmcfd, up 9% YoY and flat MoM. LPG production was 2,132 tons per day, up 8% YoY and down 5% MoM.

Topline said the YoY increase in oil and gas production was amid RLNG supply disruptions.

On the exploration front, the sector recorded one oil discovery during the month – Aassu West-1, operated by United Energy Pakistan (UEP).

One dry well was reported – Ratana-6, operated by Orient Petroleum Inc (OPI), with OGDC holding 25% and POL 4.5% working interest.

Exploratory drilling rose 25% MoM to 9,055 meters in October, compared to 7,270 meters in September. Development drilling fell 37% MoM to 2,242 meters from 3,587 meters.

2D seismic acquisition was recorded at 36.19 L.KMs, up 13% MoM from 32.03 L.KMs. 3D seismic acquisition surged 33% MoM to 138.58 Sqm from 103.89 Sqm.

Province-wise, Khyber Pakhtunkhwa (KPK) remained the largest oil-producing province with 49% share, followed by Sindh 35%, Punjab 15% and Balochistan 1%.

For gas, Sindh remained dominant with 59% share, followed by Balochistan 21%, KPK 17% and Punjab 3%.

On the regulatory front, Toot block (OGDC) and Kandkhot Additional (PPL) were granted three and five-year renewals till Oct 30, 2028 and Jan 23, 2031, respectively.