KARACHI: Mari Petroleum Company Limited (MARI) has successfully drilled and tested the fourth appraisal well in the Mari Ghazij Formation, located in the Mari Development and Production Lease (D&PL) in Sindh, as stated in a notice to the Pakistan Stock Exchange (PSX) on Monday.
The notice read, “MARI has successfully drilled and tested the fourth appraisal well in the Ghazij formation (Ghazij discovery) in Mari D&PL.” This well is part of the appraisal program for the Ghazij discovery, which was initially disclosed on January 25, 2023.
According to the notice, the well was spudded on April 21, 2024, and drilled to a depth of 1,006 meters. The post-acid gas flow rate from the well was reported at five million standard cubic feet per day (MMSCFD) with a wellhead flowing pressure (WHFP) of 363 pounds per square inch (psi) at a 128/64-inch choke size.
MARI, which operates Mari D&PL with a 100 percent working interest, stated that the well will be put into production after completing the necessary regulatory formalities.