MPCL discovers new gas reserves in Ghotki Sindh

ISLAMABAD: Mari Petroleum Company Limited (MPCL) has discovered new gas reserves in Ghotki-Sindh which will initially yield 1.11 million cubic feet of gas per day (MCFD).

MPCL, in a correspondence with Pakistan Stock Exchange dated 9th October 2023, informed that MPCL has successfully drilled and tested the appraisal well Mari Ghazij-2 in Mari D&PL (Development & Production Lease) area. MPCL is the Operator of Mari D&PL with 100% working interest.

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 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.

You may please inform the Members of the Exchange accordingly, said the MPCL letter addressed to Managing Director (MD), Pakistan Stock Exchange Limited.

Earlier, the MPCL in a letter dated January 25, 2023 to Pakistan Stock Exchange informed that the Mari Petroleum Company Limited (MPCL) had made a gas discovery at its exploratory well Mari Ghazij-l, located in Mari D&PL.

 

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