AIRLINK 76.15 Increased By ▲ 1.75 (2.35%)
BOP 4.86 Decreased By ▼ -0.09 (-1.82%)
CNERGY 4.31 Decreased By ▼ -0.03 (-0.69%)
DFML 46.65 Increased By ▲ 1.92 (4.29%)
DGKC 89.25 Increased By ▲ 1.98 (2.27%)
FCCL 23.48 Increased By ▲ 0.58 (2.53%)
FFBL 33.36 Increased By ▲ 1.71 (5.4%)
FFL 9.35 Decreased By ▼ -0.01 (-0.11%)
GGL 10.10 No Change ▼ 0.00 (0%)
HASCOL 6.66 Decreased By ▼ -0.11 (-1.62%)
HBL 113.77 Increased By ▲ 0.17 (0.15%)
HUBC 143.90 Increased By ▲ 3.75 (2.68%)
HUMNL 11.85 Decreased By ▼ -0.06 (-0.5%)
KEL 4.99 Increased By ▲ 0.12 (2.46%)
KOSM 4.40 No Change ▼ 0.00 (0%)
MLCF 38.50 Increased By ▲ 0.10 (0.26%)
OGDC 133.70 Increased By ▲ 0.90 (0.68%)
PAEL 25.39 Increased By ▲ 0.94 (3.84%)
PIBTL 6.75 Increased By ▲ 0.22 (3.37%)
PPL 120.01 Increased By ▲ 0.37 (0.31%)
PRL 26.16 Increased By ▲ 0.28 (1.08%)
PTC 13.89 Increased By ▲ 0.14 (1.02%)
SEARL 57.50 Increased By ▲ 0.25 (0.44%)
SNGP 66.30 Decreased By ▼ -0.10 (-0.15%)
SSGC 10.10 Decreased By ▼ -0.05 (-0.49%)
TELE 8.10 Increased By ▲ 0.15 (1.89%)
TPLP 10.61 Decreased By ▼ -0.03 (-0.28%)
TRG 62.80 Increased By ▲ 1.14 (1.85%)
UNITY 26.95 Increased By ▲ 0.32 (1.2%)
WTL 1.34 Decreased By ▼ -0.02 (-1.47%)
BR100 7,958 Increased By 122.7 (1.57%)
BR30 25,727 Increased By 396.8 (1.57%)
KSE100 75,878 Increased By 1000.4 (1.34%)
KSE30 24,343 Increased By 355.2 (1.48%)

ISLAMABAD: Mari Petroleum Company Limited (MPCL), Operator of Mari Development and Production Lease (D&PL) with 100 percent working interest has made a gas discovery from its exploratory effort at Iqbal-1, drilled in Mari D&P Lease Area, located in District Ghotki, Sindh. Iqbal Well # 1 was drilled and tested using MPCL's in-house expertise.

The subject well was spud-in on July 11, 2020 and successfully drilled down to the depth of 1,250 meters into Sui Main Limestone formation. The well was tested at the rate of 3.127 Million Standard Cubic Feet per Day (MMSCFD) gas, 79 Barrels per Day (BPD) of water through choke size 40/64" at Well Head Flowing Pressure (WHFP) 396 Pounds per Square Inch (Psi) from Sui Upper Limestone and Ghazij Formation.

The discovery of Iqbal Well #1 is the 6th consecutive discovery in Mari D&P area as a result of aggressive exploration strategy adopted by MPCL. Furthermore, Ghazij Formation has been tested for first time in Mari Lease area and has opened a new horizon for future exploration and would add to the hydrocarbon reserves base of the MPCL and the country. Faheem Haider, MD/CEO, MPCL has congratulated the drilling staff of Mari Petroleum for their professional accomplishment.

Copyright Business Recorder, 2020

Comments

Comments are closed.