April 22, 2024 (MLN): Mari Petroleum Company Limited (PSX: MARI) has made an oil discovery resulting from its exploratory efforts at Shawal-l well, drilled in Mari D&PL, located in Sindh Province, the company's filing on PSX revealed today. 

Shawal-l well was spud-in on January 27, 2024, and successfully drilled down to a total depth of 1,136 meters into the Ghazij Formation.

During testing, the well produced 1,040 barrels of crude oil of ~30 degree API oil with 12% Basic Sediment & Water (BS&W) along with 2.5 million standard cubic feet per day (MMSCFD) of associated gas at wellhead flowing pressure (WHFP) of953 pounds per square inch (Psi) at 32/64 inch choke size.

This is the first-ever oil discovery in Mari D&PL, which has been in gas production since 1967. MPCL is the Operator of Mari D&PL with 100% working interest.

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Posted on: 2024-04-22T09:11:05+05:00