OGDCL, MARI-backed Lundali-1 well starts gas production in Sindh

Business Recorder reported that OGDCL and Mari Energies (MARI) each filed notices with the stock exchange on Wednesday, confirming that Lundali-1, an exploratory gas well in Sindh, has begun producing. First gas was reached on September 06, 2026, and the output is being delivered to Sui Southern Gas Company Limited (SSGC), the buyer named in the notices.

Flow from the well is 10 MMscfd, with wellhead pressure at 2,000 psi. OGDCL holds a 30% working interest in the Sukhpur-II Block, where Prime Global Energies Limited is the operator holding 25%, MARI has 30%, and Turkish Petroleum Overseas Company Limited has 15%. Located in the Kirthar Foldbelt Basin, the block sits about 270 kilometres north of Karachi, according to the filings.

The well was drilled under an earlier arrangement, and the current partners have since put it into operation, according to OGDCL. The company also said the output adds local gas to the national energy supply. In a note, Arif Habib Limited estimated the annual earnings contribution at roughly Rs0.17 per share for OGDCL and Rs0.61 per share for MARI.