Mari starts gas production from Ghazij-2 well

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

0:00

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	171,204.18 326.75M	-0.12% -200.31
ALLSHR	103,326.47 682.26M	-0.11% -115.78
KSE30	52,323.58 93.96M	-0.17% -90.21
KMI30	244,733.72 73.03M	0.04% 87.89
KMIALLSHR	67,164.58 409.64M	0.17% 114.30
BKTi	47,165.45 34.74M	-0.52% -248.09
OGTi	33,329.66 4.67M	-0.27% -90.09

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	90,445.00	90,610.00 87,910.00	2385.00 2.71%
BRENT CRUDE	61.80	62.16 60.53	1.33 2.20%
RICHARDS BAY COAL MONTHLY	91.00	0.00 0.00	2.30 2.59%
ROTTERDAM COAL MONTHLY	96.90	0.00 0.00	0.30 0.31%
USD RBD PALM OLEIN	1,016.00	1,016.00 1,016.00	0.00 0.00%
CRUDE OIL - WTI	57.79	58.13 56.60	1.27 2.25%
SUGAR #11 WORLD	15.04	15.05 14.83	0.22 1.48%