2024-04-22 06:49:17
(Owais Kayani) Mari Petroleum has discovered significant oil reserves in well Shoal-1 of Mari field.
Mari Petroleum Company Limited (MPCL) has discovered oil reserves in well Shoal-1 drilled in Mari Development and Production Lease (Mari D&PL) located in Sindh province. was initiated and successfully drilled to a depth of 1,136 meters in the Ghazi Formation.
During production trials, the well is estimated to produce 1,040 barrels of oil and 52.1 cubic feet of gas per day.
Faheem Haider, MD/CEO, MPCL termed the discovery as a remarkable achievement for the company’s geoscientists and engineers who achieved this milestone through discovery efforts and application of new technologies. The company now plans to evaluate the discovery to prove its extent and evaluate its development options, said the company.
MPCL aims to arrest declining hydrocarbon production in the country by maximizing production from existing fields and discovering new resources through an accelerated exploration program targeting high-grade prospects in the company’s portfolio. Have to contribute.
The Petroleum Division while congratulating the management appreciated the commitment and professionalism of MPCL in petroleum exploration and production activities.
Mari Petroleum Company Limited (MPCL) is a prominent oil and gas exploration and production company currently operating Pakistan’s largest gas reserves in the Mari D&P Lease Area, Deharki, Sindh, the second largest gas field in the country. The company has a market share of around 23%.
2024-04-22 06:49:17