E-Paper

UAE

Life and Living

World

Opinion

Business

Sports

Entertainment

Dubai World Cup

lifestyle

Travel

Reviews

Brands

Supplements

KT Events

KT APPDOWNLOAD

Oil and gas reserves discovered in Mianwali

Top Stories

UAE announces 2-month grace period for residence visa violators

UAE announces fee refund for tax service charges from August 1

Paid parking in Dubai: Residents face up to Dh4,000 extra yearly costs when new rates kick in
Oil and gas reserves discovered in Mianwali
(image used for illustrative purpose only)

Islamabad - This joint venture in Karak is operated by Mari Petroleum with a 60 per cent working interest and MOL having a 40 per cent share.

By Afzal Khan

  • Follow us on
  • google-news
  • whatsapp
  • telegram

Published: Sun 20 Sep 2015, 12:00 AM

Last updated: Sun 20 Sep 2015, 9:41 AM

Mari Petroleum Company Limited has announced it had struck oil and discovered condensate and natural gas in its Kalabagh well in the Karak block of Mianwali district in Punjab.
This joint venture in Karak is operated by Mari Petroleum with a 60 per cent working interest and MOL having a 40 per cent share.
The discovery at Kalabagh is the second for the company in the block in Datta, Samanasuk and Lockhart formations. Earlier, it made a major crude oil find in the block at Halini well-I in 2011.
During testing at Kalabagh well, gas and condensate flowed in the Datta formation at a rate of 3.3 million standard cubic feet per day (mmscfd) and 160 barrels per day, respectively.
The well was also successfully tested in the Samanasuk formation where gas and condensate flowed at a rate of 4.68 mmscfd and 180 barrels per day. In the Lockhart formation, crude oil flowed at a rate of 500 barrels per day. - news@khaleejtimes.com
"The new discovery is expected to add significantly to the nation's hydrocarbon reserve base, contribute to foreign exchange savings and bridge demand and supply gap," Mari Petroleum said in a Press release.
news@khaleejtimes.com
 


More news from