Mari completes fourth appraisal well in Ghazij Formation

By MG News | July 01, 2024 at 03:21 PM GMT+05:00

0:00

July 01, 2024 (MLN): Mari Petroleum Company Limited (PSX: MARI) has successfully drilled and tested the fourth appraisal well in Ghazij formation in the Mari D&PL.

The company shared the development in its notice to the Pakistan Stock Exchange (PSX) on Monday.

This well is a part of the appraisal program for the Ghazij discovery.

The well was spudded in on April 21, 2024, and drilled down to a depth of 1,006 meters.

The post-acid gas flow rate from the well was 5.0 million standard cubic feet per day (MMSCFD) with a wellhead flowing pressure (WHFP) of 363 pounds per square inch (psi) at 128/64-inch choke size.

"The well shall be put on production in due course after completion of requisite regulatory formalities," the notice further reads.

MPCL is the Operator of Mari D&PL with 100% working interest.

Copyright Mettis Link News

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