News and Events

  • Public Announcement
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    Gas Discovery at Shewa-2 Well in Waziristan Block – KP Province

    MPCL has achieved remarkable success at the Shewa-2 appraisal-cum-exploratory well, located in the North Waziristan district, Khyber Pakhtunkhwa Province.

    The well was drilled to test the hydrocarbon potential of the well’s exploratory targets i.e. Samanasuk and Kawagarh formations as well as appraise the Lockhart and Hangu formations, which were previously discovered at exploratory well Shewa-1.

    During the Drill Stem Test carried out in the Kawagarh formation (exploratory target), gas flowed at a sustainable rate of 0.607 MMSCFD at WHFP of 97 Psi at 32/64-inch choke size.

    Further, the appraisal of the Lockhart and Hangu formations confirmed the extension of hydrocarbon play in these formations. The Lockhart formation was tested at a gas flow rate (post-acid) of 51 MMSCFD and 391 barrels of condensate per day at WHFP of 5,972 Psi at 38/64-inch choke size. The Hangu formation was also tested at a gas flow rate of 0.274 MMSCFD at WHFP of 77 Psi at 32/64-inch choke size.

    Mr. Faheem Haider, Managing Director/CEO of MPCL has commended the hard work and ingenuity of the Company’s geoscientists and support teams who worked relentlessly on this project in a challenging, security-sensitive area and produced this fantastic result for the company and the country.

    Mr. Waqar Ahmed Malik (SI), Chairman MPCL Board of Directors has congratulated the management on this remarkable success and appreciated the MPCL’s contributions towards the energy security of the Country through its exploratory efforts.

    MPCL is the operator of Waziristan Block with 55% working interest along with OGDCL and OPI as joint venture partners having 35% and 10% working interest, respectively.

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  • Mari Ghazij-1 Geographic Map
    MPCL Discovers Gas at Mari Ghazij-1 Well Located In Mari D&PL, Sindh Province

    Mari Petroleum Company Limited (MPCL) has made a landmark gas discovery at Mari Ghazij-1 exploration well, drilled in Mari Development & Production Lease (Mari D&PL) area, located in Sindh Province. MPCL is the Operator of Mari D&PL with 100% working interest.

    The well was spudded-in on November 24, 2022 and successfully drilled down to the depth of 1,015 meters. The gas flow rate established through Drill Stem Test is 5.1 Million Standard Cubic Feet Per Day (MMSCFD) with Wellhead Flowing Pressure (WHFP) of 232 Pounds Per Square Inch (Psi) at 64/64 inch choke size.

    This was the first dedicated exploratory well targeting multiple Ghazij Limestone units. The concept emerged from Iqbal-1 well wherein a thin limestone unit in Ghazij Formation was found to make minor contribution of ~0.5 MMSCFD to the flow. Based on that, the Limestone units within Ghazij Formation were thoroughly studied in the entire Mari D&PL area to ascertain their reservoir potential and deliverability in the play sweet spot that has been successfully proven through Mari Ghazij-1 discovery.

    The Company has plans to carefully appraise this discovery to prove its extent and, in parallel, evaluate its development options.

    With around 23% gas market share, MPCL is contributing towards mitigating the declining gas production in the Country, through a combination of maximizing production from current fields and discovering new resources via aggressive exploration strategy, targeting high grade prospects within the Company’s portfolio.

    Mr. Faheem Haider, MD/CEO MPCL has commended the hard work and ingenuity of MPCL technical and support teams who worked on this project of national importance and made it a success.

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21, Mauve Area, 3rd Road,
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+92-51-111-410-410,
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Contact Information for investor related queries / grievances:
Mr. Muhammad Sajjad (Acting Company Secretary)
Tel: +92-51-111-410-410 (Ext. 483), Email: Muhammad.Sajjad@mpcl.com.pk