MariEnergies has announced an oil discovery resulting from its exploratory efforts at the Shawal-1 well, drilled in the Mari Development & Production Lease (Mari D&PL), located in Sindh Province. MariEnergies is the Operator of Mari D&PL with 100% working interest.
Shawal-1 well was spud-in on January 27, 2024 and successfully drilled down to the total depth of 1,136 meters into the Ghazij Formation. The well produced 1,040 barrels of ~ 30 deg API oil with 12% BS&W along with 2.5 MMSCFD of associated gas during well test with WHFP of 953 Psi at 32/64 inch choke size.
Mr. Faheem Haider, MD/CEO MariEnergies has termed this discovery a remarkable success for the company’s geoscientists and engineers who achieved this milestone by combining exploration efforts and use of new technologies. He said that the company now plans to appraise this discovery to prove its extent and evaluate its development options.
MariEnergie’s aim is to contribute in arresting the declining hydrocarbon production in the country through a combination of maximizing production from current fields and discovering new resources via fast paced exploration program targeting high grade prospects within the company’s portfolio.
Petroleum Division while congratulating the management commended MariEnergie’s commitment and professionalism in petroleum exploration and production activities.
MariEnergies is an integrated exploration and production company, currently operating Pakistan’s largest gas reservoir in the Mari D&P lease area, Daharki, Sindh. With around 23% market share, it is the second largest gas producer in the country.
Source: MariEnergies
