MARI tests fourth appraisal well in Sindh

By Our Correspondent
July 02, 2024
The image shows the head office of the Mari Petroleum Company Limited. — MPCL/file
The image shows the head office of the Mari Petroleum Company Limited. — MPCL/file 

KARACHI: Mari Petroleum Company Limited (MARI) has successfully drilled and tested the fourth appraisal well in the Mari Ghazij Formation located in Mari Development and Production Lease (D&PL), Sindh, the company stated in a notice to the Pakistan Stock Exchange (PSX) on Monday.

“MARI has successfully drilled and tested the fourth appraisal well in the Ghazij formation (Ghazij discovery) in Mari D&PL,” read the notice.This well is a part of the appraisal programme for the Ghazij discovery, which was disclosed on January 25, 2023.

“The well was spudded in on April 21, 2024, and drilled down to a depth of 1,006 metres. The post-acid gas flow rate from the well was five 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,” read the notice.

The company, an operator of Mari D&PL with 100 percent working interest, stated that the well should be put on production in due course after the completion of the requisite regulatory formalities.