Oil discovered in Punjab by Mari Petroleum

Author: Web Desk

A company managed by the Fauji Foundation Group, Mari Petroleum Company Limited (MPCL) claims to have discovered oil in Punjab.

This is not the first time such a discovery has been made by the company. Dharian-l ST-3, drilled in the Ghauri area, near Gujjar Khan in Rawalpindi District is where oil has been reportedly found.

Reports claimed that Dharian-1 is expected to provide 374 barrels of oil per day.

MPCL has made significant discoveries in the past. Gas was discovered at exploration well Shahbaz-1 in Mari D&P Lease Area. Shahbaz-1 was drilled down to the depth of 1,180 meters into the Sui Main Limestone Formation with MPCL’s own Rig Mari-1.

In addition, MCPL made a huge crude oil discovery at Halini Deep-1 well in Karak block, KPK/Punjab. Halini Deep-1 ranks among the deepest wells in Pakistan and is the deepest well ever drilled by MPCL.

Crude oil, condensate and natural gas were discovered in Karak Block’s Kalabagh-1A ST1 well, located in District Mianwali by MPCL.

Mari Petroleum Company Limited (MPCL) made a gas discovery at Koonj Well #1A in the Sukkur Block located in Sindh.

The discovery in Dharian-l ST-3 will further help to deal with the energy crisis of the country.

Share
Leave a Comment

Recent Posts

  • Business

Bears drag index down by 1,331 points

The 100-Index of the Pakistan Stock Exchange (PSX) witnessed bearish trend on Monday, losing 1,331.86…

7 hours ago
  • Business

Finmin highlights challenges posed by population growth

Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb here on Monday highlighted the significant…

7 hours ago
  • Business

Political stability, long-term economic policies, crucial for economic growth

Acting President of the Islamabad Chamber of Commerce and Industry (ICCI), Abdul Rehman Siddiqui on…

7 hours ago
  • Business

WAPDA chairman inspects work on key sites of Mohmand Dam

Chairman WAPDA Engr Lt Gen Sajjad Ghani (Retd) on Monday visited Mohmand Dam, a multipurpose…

7 hours ago
  • Business

Gold prices dip by Rs700 per tola

The price of 24 karat per tola gold decreased by Rs.700 and was sold at…

7 hours ago
  • Business

Rupee sheds 6 paisa against dollar

Pakistani rupee on Monday depreciated by 6 paisa against the US dollar in the interbank…

7 hours ago