ISLAMABAD: Mari Petroleum Company Ltd (MPCL) announced on Monday that it had discovered a new hydrocarbon resource in Daharki, Sindh.

The state-owned company said in a statement that the well produced 1,040 barrels of oil and 2.5 million standard cubic feet per day of associated gas during the Shawal-1 exploratory well test.

Shawal-1 well was spud-in on Jan 27 and successfully drilled 1,136 metres into the Ghazij Formation.

“The well produced 1,040 barrels of about 30 deg API oil with 12pc BS&W along with 2.5 mmscfd of associated gas during well test with WHFP of 953 Psi at 32/64 inch choke size”, it said.

The company owns the Mari Development & Production Lease (Mari D&PL) in Sindh.

Published in Dawn, April 23nd, 2024

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Military option
Updated 21 Nov, 2024

Military option

While restoring peace is essential, addressing Balochistan’s socioeconomic deprivation is equally important.
HIV/AIDS disaster
21 Nov, 2024

HIV/AIDS disaster

A TORTUROUS sense of déjà vu is attached to the latest health fiasco at Multan’s Nishtar Hospital. The largest...
Dubious pardon
21 Nov, 2024

Dubious pardon

IT is disturbing how a crime as grave as custodial death has culminated in an out-of-court ‘settlement’. The...
Islamabad protest
Updated 20 Nov, 2024

Islamabad protest

As Nov 24 draws nearer, both the PTI and the Islamabad administration must remain wary and keep within the limits of reason and the law.
PIA uncertainty
20 Nov, 2024

PIA uncertainty

THE failed attempt to privatise the national flag carrier late last month has led to a fierce debate around the...
T20 disappointment
20 Nov, 2024

T20 disappointment

AFTER experiencing the historic high of the One-day International series triumph against Australia, Pakistan came...