Mari Petroleum Company Limited (MARI) announced today a successful outcome from its second appraisal well in the Ghazij formation, located in the Mari Development and Production Lease (D&PL) in Sindh.
This development was shared in the company’s latest filing with the Pakistan Stock Exchange (PSX).
The drilling of the well commenced on December 20, 2023, reaching a depth of 1,014 meters. Tests conducted post-drilling revealed a gas flow rate of 6.57 million standard cubic feet per day (MMSCFD), with a wellhead flowing pressure (WHFP) of 306 pounds per square inch (Psi). The testing was done using a 64/64-inch choke size.
Mari Petroleum plans to initiate test production from this well, following the completion of necessary regulatory formalities. The company holds a 100% working interest as the Operator of Mari D&PL.
Earlier in the month, Mari Petroleum also reported a gas discovery at the Shewa-2 appraisal-cum-exploratory well in the North Waziristan district of the Khyber Pakhtunkhwa Province.
This well, reaching a depth of 4,577 meters, was drilled on November 01, 2023. Its primary objective was to appraise the Lockhart and Hangu formations, initially discovered at the exploratory well Shewa1, and to assess the hydrocarbon potential of the well’s exploratory targets, namely the Samanasuk and Kawagarh formations.
