MARI performs post-acid test, reports double gas flows at Bannu West-l

News Image

MG News | June 27, 2022 at 10:20 AM GMT+05:00

0:00

June 27, 2022 (MLN): Mari Petroleum Company Limited (MPCL) has informed that a post-acid test has been performed at its exploratory well Bannu West-l ST-l in Bannu West Block, located in North Waziristan, KP, wherein the gas discovery size has increased to 50 MMSCFD while oil discovery size remaining unchanged at 300bopd, the company’s filing on PSX showed today.

The company performed test to understand the well's behavior and expected improvements in its performance parameters.

"The test rates were in the order of 50 MMSCFD of gas and 300 barrels per day of condensate at flowing wellhead pressure of 5,500 Psig at 40/64" choke size from the Lockhart formation."

The company had made a said gas/condensate discovery on June 01, 2022.

MPCL is the operator of Bannu West Block having 55% working interest along with OODCL and ZPCL as joint venture partners having 35% and 10% working interest, respectively.

The well, which was spudded in June 06, 2021, showed an initial gas flow rate of around 25 MMSCFD at Wellhead Flow Pressure (WHFP) of 4,339 Psi and around 300 BPD condensate at 32/64" choke size from the Lockhart formation prior to performing any acid treatment.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 151,608.99
44.61M
-1.74%
-2683.27
ALLSHR 91,279.75
99.78M
-1.49%
-1378.82
KSE30 45,848.09
24.86M
-2.25%
-1056.78
KMI30 217,464.79
21.07M
-1.90%
-4219.63
KMIALLSHR 59,154.51
41.83M
-1.72%
-1032.95
BKTi 41,842.19
10.93M
-2.63%
-1128.83
OGTi 31,896.44
2.02M
-1.83%
-595.62
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 70,915.00 71,755.00
70,770.00
-200.00
-0.28%
BRENT CRUDE 112.07 112.86
109.78
4.69
4.37%
RICHARDS BAY COAL MONTHLY 99.40 0.00
0.00
-11.50
-10.37%
ROTTERDAM COAL MONTHLY 121.50 121.50
120.85
-0.15
-0.12%
USD RBD PALM OLEIN 1,083.50 1,083.50
1,083.50
0.00
0.00%
CRUDE OIL - WTI 96.37 99.17
95.75
0.91
0.95%
SUGAR #11 WORLD 14.82 14.84
14.35
0.37
2.56%

Chart of the Day


Latest News
March 19, 2026 at 09:53 AM GMT+05:00

Electricity supply steady in face of seasonal constraints


March 19, 2026 at 09:32 AM GMT+05:00

High petrol prices push SUV buyers toward plug-in hybrids


March 19, 2026 at 09:29 AM GMT+05:00

NBP issues foreign exchange rates


March 19, 2026 at 09:24 AM GMT+05:00

Ishaq Dar leads Pakistan’s diplomatic push in Riyadh



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg