• About Us
  • Cookie Policy
  • Privacy Policy
  • Disclaimer
  • Contact Us
Thursday, August 7, 2025
  • Login
No Result
View All Result
Time Line News
  • Home
  • Latest News
  • Pakistan
  • World
  • Business
  • Sports
  • Entertainment
    Indian Actress and Former MP Divya Spandana Receives Death and Rape Threats: Two Arrested in Bengaluru

    Indian Actress and Former MP Divya Spandana Receives Death and Rape Threats: Two Arrested in Bengaluru

    Bangladeshi YouTuber and Actress Shanta Pal Arrested in India for Possession of Fake Documents

    Bangladeshi YouTuber and Actress Shanta Pal Arrested in India for Possession of Fake Documents

    Saba Qamar Rushed to ICU After Sudden Health Decline During Drama Shoot: Full Story, Reaction, and Recovery

    Saba Qamar Rushed to ICU After Sudden Health Decline During Drama Shoot: Full Story, Reaction, and Recovery

    The Triumph of Love: How "Saiyaara" Became a Global Box Office Sensation

    The Triumph of Love: How “Saiyaara” Became a Global Box Office Sensation

    Hira Mani Reveals the True Secret to Happiness: It's Not Expensive Clothes or Luxury Cars

    Hira Mani Reveals the True Secret to Happiness: It’s Not Expensive Clothes or Luxury Cars

    Shocking Revelations in Humaira Asghar Case: Chemical Report Raises Suspicion in Actress's Mysterious Death

    Shocking Revelations in Humaira Asghar Case: Chemical Report Raises Suspicion in Actress’s Mysterious Death

    Rajab Butt’s Married Life in Crisis: Social Media Clashes and Family Tensions Unfold

    Rajab Butt’s Married Life in Crisis: Social Media Clashes and Family Tensions Unfold

    Why Bushra Ansari Divorced Her Husband After 38 Years: The Actress Shares Her Story

    Why Bushra Ansari Divorced Her Husband After 38 Years: The Actress Shares Her Story

    Zara Noor Abbas Sparks Vital Conversation on Joint Family System: Fans Applaud Her Heartfelt Tribute to Tradition

    Zara Noor Abbas Sparks Vital Conversation on Joint Family System: Fans Applaud Her Heartfelt Tribute to Tradition

  • Technology
    WhatsApp Introduces Voice Chat Support with Meta AI: A New Era of Conversational AI Integration

    WhatsApp Introduces Voice Chat Support with Meta AI: A New Era of Conversational AI Integration

    Samsung Gears Up to Launch Three New Tablets: Galaxy Tab S11, S11 Ultra, and S10 Lite

    Samsung Gears Up to Launch Three New Tablets: Galaxy Tab S11, S11 Ultra, and S10 Lite

    Global Renewable Energy Generation Set to Grow by Just 2%: A Wake-Up Call for Climate Commitments

    Global Renewable Energy Generation Set to Grow by Just 2%: A Wake-Up Call for Climate Commitments

    WhatsApp’s New Offline Competitor: Jack Dorsey Launches Decentralized Bluetooth Messaging App

    WhatsApp’s New Offline Competitor: Jack Dorsey Launches Decentralized Bluetooth Messaging App

    How Do Black Boxes in Airplanes Survive Even the Most Devastating Accidents?

    How Do Black Boxes in Airplanes Survive Even the Most Devastating Accidents?

    Samsung Galaxy S25 FE: Key Specs, Storage Options, and Color Leaks Surface Ahead of Official Launch

    Samsung Galaxy S25 FE: Key Specs, Storage Options, and Color Leaks Surface Ahead of Official Launch

    Trending Tags

    • Sillicon Valley
    • Climate Change
    • Election Results
    • Flat Earth
    • Golden Globes
    • MotoGP 2017
    • Mr. Robot
  • Health
  • Editorial
    • Blog
    • Opinion
  • E-Paper
  • Home
  • Latest News
  • Pakistan
  • World
  • Business
  • Sports
  • Entertainment
    Indian Actress and Former MP Divya Spandana Receives Death and Rape Threats: Two Arrested in Bengaluru

    Indian Actress and Former MP Divya Spandana Receives Death and Rape Threats: Two Arrested in Bengaluru

    Bangladeshi YouTuber and Actress Shanta Pal Arrested in India for Possession of Fake Documents

    Bangladeshi YouTuber and Actress Shanta Pal Arrested in India for Possession of Fake Documents

    Saba Qamar Rushed to ICU After Sudden Health Decline During Drama Shoot: Full Story, Reaction, and Recovery

    Saba Qamar Rushed to ICU After Sudden Health Decline During Drama Shoot: Full Story, Reaction, and Recovery

    The Triumph of Love: How "Saiyaara" Became a Global Box Office Sensation

    The Triumph of Love: How “Saiyaara” Became a Global Box Office Sensation

    Hira Mani Reveals the True Secret to Happiness: It's Not Expensive Clothes or Luxury Cars

    Hira Mani Reveals the True Secret to Happiness: It’s Not Expensive Clothes or Luxury Cars

    Shocking Revelations in Humaira Asghar Case: Chemical Report Raises Suspicion in Actress's Mysterious Death

    Shocking Revelations in Humaira Asghar Case: Chemical Report Raises Suspicion in Actress’s Mysterious Death

    Rajab Butt’s Married Life in Crisis: Social Media Clashes and Family Tensions Unfold

    Rajab Butt’s Married Life in Crisis: Social Media Clashes and Family Tensions Unfold

    Why Bushra Ansari Divorced Her Husband After 38 Years: The Actress Shares Her Story

    Why Bushra Ansari Divorced Her Husband After 38 Years: The Actress Shares Her Story

    Zara Noor Abbas Sparks Vital Conversation on Joint Family System: Fans Applaud Her Heartfelt Tribute to Tradition

    Zara Noor Abbas Sparks Vital Conversation on Joint Family System: Fans Applaud Her Heartfelt Tribute to Tradition

  • Technology
    WhatsApp Introduces Voice Chat Support with Meta AI: A New Era of Conversational AI Integration

    WhatsApp Introduces Voice Chat Support with Meta AI: A New Era of Conversational AI Integration

    Samsung Gears Up to Launch Three New Tablets: Galaxy Tab S11, S11 Ultra, and S10 Lite

    Samsung Gears Up to Launch Three New Tablets: Galaxy Tab S11, S11 Ultra, and S10 Lite

    Global Renewable Energy Generation Set to Grow by Just 2%: A Wake-Up Call for Climate Commitments

    Global Renewable Energy Generation Set to Grow by Just 2%: A Wake-Up Call for Climate Commitments

    WhatsApp’s New Offline Competitor: Jack Dorsey Launches Decentralized Bluetooth Messaging App

    WhatsApp’s New Offline Competitor: Jack Dorsey Launches Decentralized Bluetooth Messaging App

    How Do Black Boxes in Airplanes Survive Even the Most Devastating Accidents?

    How Do Black Boxes in Airplanes Survive Even the Most Devastating Accidents?

    Samsung Galaxy S25 FE: Key Specs, Storage Options, and Color Leaks Surface Ahead of Official Launch

    Samsung Galaxy S25 FE: Key Specs, Storage Options, and Color Leaks Surface Ahead of Official Launch

    Trending Tags

    • Sillicon Valley
    • Climate Change
    • Election Results
    • Flat Earth
    • Golden Globes
    • MotoGP 2017
    • Mr. Robot
  • Health
  • Editorial
    • Blog
    • Opinion
  • E-Paper
No Result
View All Result
Time Line News
No Result
View All Result
Home Business

Major Hydrocarbon Discovery in Waziristan Block: Mari Energies Limited Strikes Gas in Lockhart Formation

by Web Desk
April 8, 2025
in Business
Major Hydrocarbon Discovery in Waziristan Block: Mari Energies Limited Strikes Gas in Lockhart Formation
Share on FacebookShare on Twitter

A Fourth Successful Discovery in Spinwam-1 Exploratory Well

Islamabad, April 2025 – In a major breakthrough for Pakistan’s energy sector, Mari Energies Limited has announced its fourth hydrocarbon discovery from the Spinwam-1 exploratory well, located in the Lockhart Formation of the Waziristan Block in North Waziristan District, Khyber Pakhtunkhwa (KP) province.

This latest discovery builds on a series of successful finds at the same well. Earlier, Mari Energies had reported significant hydrocarbon yields from the Samanasuk, Kawagarh, and Hangu formations on February 25, March 17, and April 3, 2025, respectively. The Lockhart Formation discovery marks another critical milestone in Pakistan’s quest for energy security and reducing reliance on imported fuels.


Key Test Results and Technical Details

The flow testing of the Lockhart Formation has yielded highly promising results:

  • Gas Flow Rate: 70.3 million standard cubic feet per day (MMSCFD)
  • Condensate Production: Approximately 310 barrels per day (bbl/day)
  • Choke Size: 64/64”
  • Well Head Flowing Pressure (WHFP): 3,264 pounds per square inch gauge (psig)

These results not only demonstrate the commercial viability of the Lockhart Formation but also reinforce the geological richness of the Waziristan Block.


Joint Venture and Stakeholder Collaboration

Mari Energies Limited operates the Waziristan Block with a 55% working interest, while its joint venture partners include:

  • Oil and Gas Development Company Limited (OGDCL): 35% working interest
  • Orient Petroleum Inc.: 10% working interest

The success of the exploration and testing activities is a result of collaborative efforts between all three partners, working seamlessly to tap into the region’s vast untapped potential.


Leadership Insights and Strategic Vision

Mr. Faheem Haider, Managing Director and CEO of Mari Energies Limited, emphasized the company’s steadfast commitment to enhancing Pakistan’s domestic energy portfolio through aggressive exploration and development.

“This discovery further strengthens our belief in the enormous hydrocarbon potential that still lies untapped within Pakistan. We are proud that our strategy is delivering tangible results that contribute to the country’s growing energy needs. This milestone has only been possible due to the unrelenting efforts of our teams, and the support from our stakeholders,” he said.

Mr. Haider also extended his gratitude to the Ministry of Petroleum, Directorate General of Petroleum Concessions (DGPC), provincial and federal governments, law enforcement agencies, local communities, and joint venture partners for their unwavering cooperation and support throughout the project.

Lt. Gen. Anwar Ali Hyder (Retd), Chairman of the Board of Directors at Mari Energies, praised the company’s operational and technical teams for their dedication:

“The success at Spinwam-1 is a testament to the technical capabilities, strategic planning, and operational excellence of Mari Energies. I especially thank our law enforcement and government institutions whose support was vital in ensuring safe and efficient operations in a challenging region.”


Geopolitical Significance and Regional Context

The discovery in North Waziristan, a region previously marked by security challenges, is especially significant. The development of natural resources in these underexplored and geopolitically sensitive areas can open new doors for economic upliftment, infrastructure development, and employment opportunities for local populations.

Furthermore, successful exploration activities in Waziristan can enhance investor confidence, both domestically and internationally, potentially leading to more foreign direct investment (FDI) in Pakistan’s upstream oil and gas sector.


Economic and Strategic Impact on Pakistan’s Energy Sector

Pakistan faces a chronic energy crisis, heavily reliant on imports of liquefied natural gas (LNG), crude oil, and refined petroleum products to meet domestic demand. As of 2024, Pakistan’s energy import bill accounted for a significant portion of its current account deficit, exerting pressure on the foreign exchange reserves.

The recent discovery at the Spinwam-1 well provides a glimmer of hope:

  • Reduces import dependency: By tapping into local reserves, Pakistan can cut down on costly energy imports.
  • Enhances energy security: Boosts the domestic production of natural gas and condensate, essential for power generation, industry, and transport.
  • Supports economic recovery: Lower energy costs can revive industrial output and control inflation.
  • Job creation: Exploration and development activities generate employment and economic activity in surrounding regions.

Geological Potential of the Waziristan Block

The Waziristan Block has long been considered a high-potential zone due to its geological alignment with other productive basins in the region. The successful results from multiple formations—Samanasuk, Kawagarh, Hangu, and now Lockhart—highlight the multi-reservoir structure of the region, making it an attractive exploration target for future drilling campaigns.

The Lockhart Formation itself is part of the Indus Basin, one of the most prolific hydrocarbon-bearing basins in South Asia. The high pressure and flow rates observed in testing suggest the presence of a robust and potentially expansive reservoir.


The Road Ahead for Mari Energies

With four significant discoveries from a single exploratory well, Mari Energies has established a strong technical and operational foundation in the Waziristan Block. The next steps will likely include:

  • Reservoir appraisal and delineation studies
  • Development planning and infrastructure build-out
  • Drilling of appraisal and development wells
  • Pipeline and production facility development for commercial extraction

The company is also expected to conduct further 3D seismic surveys and apply advanced subsurface imaging technologies to expand its understanding of the Waziristan Block and surrounding areas.


Conclusion: A Milestone Moment in Pakistan’s Energy Future

The successful hydrocarbon discovery in the Lockhart Formation by Mari Energies Limited marks a historic achievement not just for the company but for the entire nation. It underscores the untapped potential of Pakistan’s geological resources and reaffirms the importance of strategic exploration, stakeholder collaboration, and government support in advancing energy security.

As Pakistan continues to navigate economic challenges and energy shortages, such discoveries offer a sustainable and indigenous path toward self-reliance, economic revival, and regional development.

With continued exploration efforts, innovation in drilling and extraction technologies, and consistent support from government institutions, Pakistan has the opportunity to transform its natural resource wealth into long-term national prosperity.

Allah be praised.

Read more:..

Tags: commissiongovernmentinternationalNationalsocial mediatime line news
Web Desk

Web Desk

Related Posts

PM Shehbaz Sharif Orders Closure of PRAL and Formation of New Autonomous IT Body for FBR

PM Shehbaz Sharif Orders Closure of PRAL and Formation of New Autonomous IT Body for FBR

by Web Desk
August 6, 2025
0

A Bold Step Towards Digital Tax Reform in Pakistan In a significant policy decision aimed at modernizing Pakistan's outdated tax...

Historic Rally in Pakistan Stock Exchange: 100 Index Surpasses 144,000 Mark for the First Time

Historic Rally in Pakistan Stock Exchange: 100 Index Surpasses 144,000 Mark for the First Time

by Web Desk
August 6, 2025
0

In a landmark development for Pakistan’s financial markets, the Pakistan Stock Exchange (PSX) witnessed a record-breaking rally on the third...

Historic Rally in Pakistan Stock Exchange: 100 Index Surpasses 144,000 Mark for the First Time

Pakistan Stock Exchange Hits New Historic High Amid Sustained Bullish Trend

by Web Desk
August 4, 2025
0

Overview: Bullish Momentum Lifts PSX to Record Levels Karachi — The Pakistan Stock Exchange (PSX) has once again captured the...

Good News for Consumers Nationwide: Electricity Prices Likely to Drop Significantly

Good News for Consumers Nationwide: Electricity Prices Likely to Drop Significantly

by Web Desk
August 4, 2025
0

Overview: Relief on the Horizon for Power Consumers in Pakistan Islamabad — In a welcome development for millions of electricity...

US Grants Pakistan Most Favorable Tariff Status in Region After 10% Reduction

US Grants Pakistan Most Favorable Tariff Status in Region After 10% Reduction

by Web Desk
August 2, 2025
0

Islamabad — In a significant breakthrough for Pakistan’s international trade and diplomatic relations, the United States has announced a 10%...

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Imran Khan will give final approval to PTI's decision to be a part of Judges Appointment Commission

Imran Khan will give final approval to PTI’s decision to be a part of Judges Appointment Commission

9 months ago
Suicide in adolescence linked to childhood sleep deprivation

Suicide in adolescence linked to childhood sleep deprivation

6 months ago

Category

  • Home
  • Top Stories
  • Latest News
  • Pakistan
  • World
  • Business
  • Sports
  • Entertainment
  • Technology
  • Health
  • Lifestyle
  • Editorial
  • Blog
  • Opinion
  • E-Paper

Social Media

Facebook Instagram Twitter LinkedIn

About us

“Time Line News” is where knowledge meets enlightenment.

With a commitment to providing accurate, fair updates, we aim to be your go-to source for information on local and global events.

  • About Us
  • Cookie Policy
  • Privacy Policy
  • Disclaimer
  • Contact Us

Time Line News © 2024. All Rights Reserved. Website Designed & Developed by AK Web Solutions

No Result
View All Result
  • Home
  • Top Stories
  • Latest News
  • Pakistan
  • World
  • Business
  • Sports
  • Entertainment
  • Technology
  • Health
  • Lifestyle
  • Editorial
  • Blog
  • Opinion
  • E-Paper

Time Line News © 2024. All Rights Reserved. Website Designed & Developed by AK Web Solutions

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In