BR100 Increased By (0.88%)
BR30 Increased By (1.28%)
KSE100 Increased By (0.6%)
KSE30 Increased By (0.67%)
BECO 6.06 Increased By ▲ 0.29 (5.03%)
BML 53.21 Increased By ▲ 0.21 (0.4%)
BOP 34.40 Increased By ▲ 0.41 (1.21%)
CNERGY 8.20 Increased By ▲ 0.09 (1.11%)
DCL 12.24 Increased By ▲ 0.04 (0.33%)
FCCL 53.71 Increased By ▲ 0.88 (1.67%)
FCSC 5.15 Increased By ▲ 0.08 (1.58%)
FFL 18.10 Increased By ▲ 0.15 (0.84%)
FNEL 1.30 Increased By ▲ 0.01 (0.78%)
HUMNL 10.90 Increased By ▲ 0.02 (0.18%)
KEL 8.08 Increased By ▲ 0.06 (0.75%)
KOSM 5.40 Decreased By ▼ -0.12 (-2.17%)
MLCF 87.45 Increased By ▲ 0.94 (1.09%)
NBP 187.47 Increased By ▲ 2.31 (1.25%)
PACE 10.66 Increased By ▲ 0.08 (0.76%)
PAEL 39.90 Increased By ▲ 0.48 (1.22%)
PIAHCLA 26.16 Decreased By ▼ -0.06 (-0.23%)
PIBTL 17.47 Increased By ▲ 0.80 (4.8%)
PPL 230.60 Increased By ▲ 2.42 (1.06%)
PRL 34.85 Increased By ▲ 0.17 (0.49%)
PTC 67.03 Increased By ▲ 1.70 (2.6%)
SEARL 90.85 Increased By ▲ 0.72 (0.8%)
SSGC 27.15 Increased By ▲ 0.55 (2.07%)
TELE 8.62 Increased By ▲ 0.34 (4.11%)
THCCL 58.31 Decreased By ▼ -0.19 (-0.32%)
TPLP 8.64 Increased By ▲ 0.42 (5.11%)
TREET 24.66 Increased By ▲ 0.13 (0.53%)
TRG 71.65 Increased By ▲ 1.94 (2.78%)
WAVES 9.99 Increased By ▲ 0.05 (0.5%)
WTL 1.28 No Change ▼ 0.00 (0%)

KARACHI: Mari Petroleum Company Limited (MPCL) has successfully drilled and tested a second horizontal development well Mari 123H in Habib Rahi Limestone (HRL) Reservoir of Mari Gas Field in Daharki, Sindh.

According to material information sent to Pakistan Stock Exchange on Thursday, the well was drilled to a total measured depth of 1,846 meters with a horizontal section length of around 900 meters. After the acid stimulation job, the well was tested at a rate of around 20MMSCFD of gas at a flowing wellhead pressure of 318 psig.

The well has been put on production immediately after testing. The company is evaluating opportunities to drill additional horizontal wells to better manage the delivery pressure, while sustaining the current production rates from HRL Reservoir.

MPCL is the Operator of Mari Gas Field with 100 percent working interest.

Copyright Business Recorder, 2023

Comments

Comments are closed for this article.