WTI $80.13
-0.73 (-0.90%)
Brent $81.49
-0.50 (-0.61%)
MAHA-A SEK12.62
+0.22 (+1.77%)
MahaConnect

Enhanced Oil Recovery

Maha Energy offers modern hydrocarbon recovery technologies and engineering solutions for under performing hydrocarbon assets

Our Corporate Presentation
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Latest Press Releases

Maha Energy announce delay in Tie-4 completion affecting the 2021 annual average production guidance - but estimated revenue for 2021 remain strong due to robust oil markets

The range for 2021 annual average production is now 3,500 - 4,000 BOEPD1The 2021 exit rate estimate of 5,000 BOEPD and 5,500 BOEPD remains unchanged provided Tie-4 is hooked up and placed on production before the end of the year.Production for the year is down 12.5% compared...

Maha Energy announce delay in Tie-4 completion due to drillstring twistoff – may impact 2021 annual average production guidance

Jonas Lindvall, CEO of Maha Energy AB comments: “As communicated in early July, the production volume during the second quarter was lower than planned due to production interruptions at the Tie field. At that time, we were confident in achieving the annual average...

Change in number of shares and votes in Maha Energy AB (publ)

The number of shares and votes in Maha Energy AB (publ) has increased following the issue of 100,000 new shares of series A during August through the exercise of 100,000 warrants of series 2018/2021 issued under the incentive programme adopted at the annual general meeting...

State-of-the-Art Enhanced
Oil Recovery Technologies

Maha has assembled a team of industry experts with individual expertise to build a solid foundation of production assets and an objective to grow through petroleum engineering and near field exploration technologies. The primary focus is to implement state-of-the-art Enhanced Oil Recovery (EOR) technologies to existing and maturing oil fields. 

The International Energy Agency (IEA), estimates the systematic application of all available EOR technologies across the globe could in theory unlock approximately 300 billion barrels of recoverable oil.

Our Operations

We currently hold assets in three countries - USA, Brazil and Oman. Three assets are considered to be light oil producing assets whilst two are heavy oil.

Our reserves are determined by Chapman Petroleum Consultants, conforming to the COGEH standards prepared jointly by the Society of Petroleum Engineers (Calgary) and the Canadian Institute of Mining, Metallurgy and Petroleum.

Tie Field

Tie Field

Bahia, Brazil
100% WI (Operator)
36-38 deg API Oil
LAK Ranch

LAK Ranch

Wyoming, USA
99% WI (Operator)
19 deg API oil
Tartaruga

Tartaruga

Aracaju, Brazil
75% WI (Operator)
41 deg API Oil
Illinois Basin

Illinois Basin

Illinois/Indiana, USA
95% WI (Operator)
35 deg API Oil
Oman

Oman

Block 70, OMAN
100% WI
13 deg API Oil
  • Tie Field

    Tie Field

    Bahia, Brazil
    100% WI (Operator)
    36-38 deg API Oil
  • LAK Ranch

    LAK Ranch

    Wyoming, USA
    99% WI (Operator)
    19 deg API oil
  • Tartaruga

    Tartaruga

    Aracaju, Brazil
    75% WI (Operator)
    41 deg API Oil
  • Illinois Basin

    Illinois Basin

    Illinois/Indiana, USA
    95% WI (Operator)
    35 deg API Oil
  • Oman

    Oman

    Block 70, OMAN
    100% WI
    13 deg API Oil