Mari Petroleum Hits a Gas Reserves Discovery in North Waziristan

Thu Jan 11 2024
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North Waziristan: Mari Petroleum Company Limited (PSX: MARI) has achieved a significant breakthrough with the discovery of gas reserves at the Shewa-2 appraisal-cum-exploratory well in North Waziristan, Khyber Pakhtunkhwa.

The well, successfully drilled to a depth of 4,577 meters on November 01, 2023, aimed to appraise the Lockhart and Hangu formations previously identified in exploratory well Shewa 1. Additionally, the exploration targeted the hydrocarbon potential of Samanasuk and Kawagarh formations.

The Drill Stem Test conducted in the Kawagarh formation, a key exploratory target, demonstrated a sustainable gas flow rate of 0.607 million standard cubic feet per day (MMSCFD). The wellhead flowing pressure stood at 97 pounds per square inch (Psi), with a 32/64-inch choke size during the test. Mari Petroleum’s successful gas discovery marks a positive development in Pakistan’s energy landscape.

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