MARI hits paydirt with drilling, testing triumph at Ghazij-2 in D&PL Area

By MG News | October 09, 2023 at 03:12 PM GMT+05:00

0:00

October 9, 2023 (MLN): Mari Petroleum Company Limited (PSX: MPCL) has achieved a milestone by successfully drilling and testing the appraisal well known as Mari Ghazij-2 within the Mari Development & Production License (D&PL) area, the company's filing on PSX noted.

The well was spud in on September 11, 2023, and successfully drilled down to a depth of 1,016 meters.

The post-acid gas flow rate was 11.1 Million Standard Cubic Feet Per Day with a Wellhead Flowing Pressure of 519 Pounds Per Square Inch at 64/64 inch choke size.

It is pertinent to mention that Ghazij-2 is the first well in a series of planned appraisal wells to evaluate the Ghazij-l discovery and determine its extent.

The well will be put on extended well testing in due course for supply of gas to government designated buyer, after completion of requisite regulatory formalities.

The company informed PSX on January 25, 2023, regarding a gas discovery at its exploratory well Mari Ghazij-l, located in Mari D&PL.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	133,403.19 324.46M	0.02% 33.04
ALLSHR	83,188.05 1,204.34M	0.13% 106.90
KSE30	40,651.46 104.88M	-0.13% -53.85
KMI30	192,083.92 123.92M	-0.26% -496.76
KMIALLSHR	55,847.70 679.22M	0.02% 11.98
BKTi	36,422.88 17.65M	0.29% 105.71
OGTi	28,437.61 10.77M	-0.37% -105.35

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	109,450.00	109,685.00 107,680.00	995.00 0.92%
BRENT CRUDE	70.23	70.68 69.03	0.65 0.93%
RICHARDS BAY COAL MONTHLY	97.50	0.00 0.00	2.05 2.15%
ROTTERDAM COAL MONTHLY	106.65	106.65 106.25	0.50 0.47%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	68.40	68.91 67.33	0.47 0.69%
SUGAR #11 WORLD	16.15	16.37 16.10	-0.13 -0.80%