Friday, October 18, 2024

Mari Petroleum Discovers New Gas Reserves in Balochistan

Mari Petroleum’s recent gas discoveries in Kohlu district of Balochistan and Sindh province mark significant milestones in Pakistan’s energy sector, potentially alleviating the country’s energy woes while also opening up opportunities for economic growth and development.

In Kohlu district, Mari Petroleum’s exploration efforts have uncovered substantial gas reserves, with initial estimates suggesting a daily extraction capacity of up to 64 lakh cubic feet. This discovery is particularly noteworthy as it comes from drilling a well to a depth of 2516 meters, indicating the presence of substantial reserves at significant depths. Moreover, the gas discovery encompasses four distinct zones in Dataville, previously unexplored since 1991 due to regulatory constraints. Mari Petroleum’s plans to further explore the area indicate a commitment to maximizing the potential of these newly discovered reserves, potentially unlocking even greater gas reserves in the region.

Similarly, in Sindh province, Mari Petroleum’s exploration endeavors have yielded promising results with the discovery of gas reserves expected to produce 6.57 million standard cubic feet daily. The drilling efforts, reaching depths of 1400 meters at Gazij, have led to the identification of significant gas resources. The recorded gas pressure of 306 pounds per square inch in Gazij Formation Two further underscores the commercial viability of the discovered reserves. Notably, Mari Petroleum holds full ownership of the working shares in this area, providing them with greater autonomy and flexibility in their exploration and production activities.

These discoveries hold immense strategic importance for Pakistan’s energy security, as the country continues to grapple with energy shortages and dependence on imports. The newfound gas reservoirs offer a domestic energy source, reducing reliance on expensive imported fuels and bolstering energy self-sufficiency. Additionally, the exploration and development of these reserves are expected to generate employment opportunities, stimulate economic growth, and attract investment in the region.

Overall, Mari Petroleum’s successful exploration endeavors in both Balochistan and Sindh provinces signify significant progress in Pakistan’s quest for energy independence and underscore the potential for further discoveries to drive socio-economic development across the country.

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