Mari starts gas production from Ghazij-2 well

News Image

MG News | November 13, 2023 at 09:35 AM GMT+05:00

November 13, 2023 (MLN): Mari Petroleum Company Limited (PSX: MPCL) has commenced Extended Well Testing (EWT) for gas production from the appraisal well Ghazij-2, the company's filing on PSX revealed today.

The well is currently producing around 8 Million Standard Cubic Feet per Day (MMSCFD) of gas which is being supplied to SNGPL.

This is in reference to October 09, whereby it was informed that MPCL had successfully drilled and tested the appraisal well Ghazij-2 in Mari D&PL.

This new supply of gas will contribute to reducing the energy demand and supply gap in the country during the forthcoming winter season, and will help save foreign exchange through indigenous hydrocarbon production, the notice added.

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

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 176,220.62
175.78M
3.04%
5199.42
ALLSHR 106,772.24
418.88M
2.83%
2935.85
KSE30 52,620.90
61.03M
3.28%
1668.91
KMI30 248,640.58
58.33M
3.33%
8006.71
KMIALLSHR 68,531.01
222.85M
2.94%
1958.26
BKTi 50,159.00
17.60M
3.05%
1485.77
OGTi 34,902.20
4.80M
3.56%
1199.95
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 65,515.00 66,075.00
63,875.00
1300.00
2.02%
BRENT CRUDE 90.88 93.60
89.58
-5.90
-6.10%
RICHARDS BAY COAL MONTHLY 105.75 0.00
0.00
-1.55
-1.44%
ROTTERDAM COAL MONTHLY 121.10 0.00
0.00
0.85
0.71%
USD RBD PALM OLEIN 1,175.00 1,175.00
1,175.00
0.00
0.00%
CRUDE OIL - WTI 83.90 86.20
83.10
-5.41
-6.06%
SUGAR #11 WORLD 14.76 0.00
0.00
-0.01
-0.07%

Chart of the Day


Latest News
July 27, 2026 at 11:43 AM GMT+05:00

Govt to ease business registration, expand SME support


July 27, 2026 at 11:05 AM GMT+05:00

SBP Monetary Policy Decision


July 27, 2026 at 11:01 AM GMT+05:00

MPC in Pause Mode Today



Top 5 things to watch in this week

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