‘Good news’ for nation in three weeks, announces PM Imran

[Aryeih Leib]

اتنی اوکھی انگلش سمجھے گا کون؟


Sir did the Arabs really worked hard to become rich?or it was a Devine blessing?

Bit of both

 

[Farah Sohail]

In same meeting....Imran Khan has also said that ...it was wrong perception tht UAE had promised oil on deferred payment facility to Pak.... we had requested them for it but on day one....UAE told us....tht theres no such law in UAE which allows giving oil on deferred payments...

@Khafee Sir... your input and views needed now...

 

[ziaulislam]

Ab tail dekho aur tail ki dhaar dekho.

https://www.facebook.com/

Still too early to say

 

[xyxmt]

Interesting, but i think you posted this on the wrong thread

no i posted in the right section. Dont say it if it is, only say it is when it is not

 

[niaz]

bhai, just yesterday i spoke to someone about Kekra-1....the current operation is to Side - Track & Continue with Drilling Operation,cannot give more details ..... nothing can be said at this moment....nothing PM would boast about.....i may know some ABC of Drilling industry....
@Arsalan
I wonder if @niaz bhai can shed some more light on it.....

Honorable balixd,

Firstly it is equally possible that the good news is not about oil & gas but something else altogether.
Secondly, the only reliable news is that Exxon has suspended drilling. We do not know the real reason.

Anyone familiar with upstream oil operations would know that usually there are 3 reasons why a drilling company suspends drilling.

1- The clay samples from drilling thus far showed no indication of hydrocarbons. Thus no point in continuing with the drilling.

2- The drill bit broke as the rumors suggest. Main reasons why the drill bit breaks are drilling at the wrong speed (too fast or too slow) or you are drilling off center or too much vibration because the drill is loose in the chuck. Neither of this indicates anything and one must continue drilling before final conclusions are reached.

3- Blow out. A blowout in oil and gas well drilling operations is a dangerous thing. There is enormous pressure of the rock formations around an oil/gas reservoir. Oil/gas accumulates over a period of millions of years, during which all of the water is compressed and pressurized out of the carbon-based substance (normally life-forms of one type or another) by the layers of sediment that form on top of it. A blow-out underwater is especially dangerous and can result in loss of life as well as of the equipment.

However a blow-out does indicate the presence of hydrocarbons, but the drilling process needs to be restarted until the reservoir is reached before the size of the deposits can be estimated. To be certain of the size of the reservoir more than one exploratory wells need to be drilled.

Because of the lack of information, it is not possible to make an informed guess. And I have already stated that I don’t believe in pure speculation. Three weeks is not a long time. I would therefore wait & hear it from the horse’s mouth.

 

[fitpOsitive]

Guys....media is reporting; it is about oil and gas

ISLAMABAD: Prime Minister Imran Khan has announced that Pakistani nation will hear good news from him within three weeks of time, Geo News reported.

PM Imran Khan said this during his brief informal interaction with senior journalists at the Nur Khan Airbase on Thursday.

Imran Khan said ‘National Accountability Bureau will give exemplary punishment to big corrupt elements.” This act of NAB will correct the path of small corrupt elements, he added.

PM Imran said former prime minister Nawaz Sharif has stashed billions of rupees aboard in the name of his sons.

Past government agreed on National Action Plan (NAP) but failed to implement on it, Khan regretted, adding that banned outfits should have been eliminated times ago but now PTI government was eradicating them.

Imran Khan categorically stated that no Pakistani national was involved in Pulwama attack.

https://www.thenews.com.pk/latest/446967-good-news-for-pakistani-nation-in-three-weeks-says-pm-imran

Saddle up guys....our seas have something for us

Zia ul Haq also announced in similar way.

 

[Amaa'n]

That is correct Sir, the drilling operation had been suspended when they encountered uncontrol release / flow of hydrocarbons into the well bore / Well kicked. But Drilling activity has resumed with severe mud losses. so they POOH & milled the casing, plan is to isolate the losses zone by lateral drilling / Side track and case another hole....
I was discussing the same offline with other friends that Govt has created this hype from start as if we are going to get something big out of one well that is not even drilled yet. There are many studies to be carried out once we get the Coring samples, and as you said a single exploratory well is not going to cut it much.

Honorable balixd,

Firstly it is equally possible that the good news is not about oil & gas but something else altogether.
Secondly, the only reliable news is that Exxon has suspended drilling. We do not know the real reason.

Anyone familiar with upstream oil operations would know that usually there are 3 reasons why a drilling company suspends drilling.

1- The clay samples from drilling thus far showed no indication of hydrocarbons. Thus no point in continuing with the drilling.

2- The drill bit broke as the rumors suggest. Main reasons why the drill bit breaks are drilling at the wrong speed (too fast or too slow) or you are drilling off center or too much vibration because the drill is loose in the chuck. Neither of this indicates anything and one must continue drilling before final conclusions are reached.

3- Blow out. A blowout in oil and gas well drilling operations is a dangerous thing. There is enormous pressure of the rock formations around an oil/gas reservoir. Oil/gas accumulates over a period of millions of years, during which all of the water is compressed and pressurized out of the carbon-based substance (normally life-forms of one type or another) by the layers of sediment that form on top of it. A blow-out underwater is especially dangerous and can result in loss of life as well as of the equipment.

However a blow-out does indicate the presence of hydrocarbons, but the drilling process needs to be restarted until the reservoir is reached before the size of the deposits can be estimated. To be certain of the size of the reservoir more than one exploratory wells need to be drilled.

Because of the lack of information, it is not possible to make an informed guess. And I have already stated that I don’t believe in pure speculation. Three weeks is not a long time. I would therefore wait & hear it from the horse’s mouth.

 

[Clutch]

Not true
Good example is Nigeria
Tremendous oil biggest exporter still very poor due to corruption

No amount of oil and gold will chnage Pakistan unless corruption is tackled

Very good point.

 

[ziaulislam]

That was a comment in DAWN, you can read the article posted today, at times comments are more useful than the article.

Actually the point is EXXON MOBIL started this big venture spending about 75-100 million USD on the data received by satellite imagery that big oil and gas reserves are present in this off shore area, so chances are very high of hitting the success in three week.

https://www.dawn.com/news/1471138/pakistan-may-soon-hit-oil-gas-jackpot-pm

Chances are obviously high this is high probability area ...but chances doesnt alwsys translaes into result

 

[Riz]

If khan hinting something big.. It means he knows better then us keyboard warriors .. Stop speculations and arrange ladu and jamins..

 

[Crystal-Clear]

I found it:
ExxonMobil suspends offshore drilling near Karachi coast
By salman siddiqui
Mar.09,2019

https://www.google.com/amp/s/tribun...uspends-offshore-drilling-near-karachi-coast/

it was suspended for 4 days due to maintenance of machines .

 

[AZ1]

Same was said about

Same news was given 2 decades about reko diq golld mine in baluchistan.......
Which have reserves of some trillion dollors......sub kha gye soor???

Reserves are intact it's just the case that stopping to mine it because of bad policies of PMLN.

Bhai thats the problem and as i highlighted in my statement its deep sea site not feasible unless its large reserve & even if you find large deposit it will take lot of time before it enter in system. Deploying Pipeline in deep is complex, expensive and will take longer time.

So you think that they didn't plan this before drilling? that even they find the large reserve it wouldn't be easy. Remember these are no PDF company but big company drilling and do the study first before drilling.

 

[Syed1.]

Very good point.

I think you mentioned you work in oil and gas.... today whole of Pak media is doing bhangra over a "pressure kick" what does pressure kick mean in layman terms. Give me the cold hard facts please and thank you. I have to decide if I have to be cautiously optimistic or skeptical.

 

[ALi Rizwan]

So you think that they didn't plan this before drilling? that even they find the large reserve it wouldn't be easy. Remember these are no PDF company but big company drilling and do the study first before drilling.

If you have read earlier discussion it would have help you to understand.
Now back to topic Pakistanis are jumping as we hit the jackpot. Fact is we don't know anything and they will send sample to their respective HQ for analysis.
Usually no discovery in First drill. Even if they do find cost for deep sea line is so high that it should be large gas reserve to make it feasible.
You will not get gas over night it will take many years to connect that well with system.

3- Blow out. A blowout in oil and gas well drilling operations is a dangerous thing. There is enormous pressure of the rock formations around an oil/gas reservoir. Oil/gas accumulates over a period of millions of years, during which all of the water is compressed and pressurized out of the carbon-based substance (normally life-forms of one type or another) by the layers of sediment that form on top of it. A blow-out underwater is especially dangerous and can result in loss of life as well as of the equipment.

However a blow-out does indicate the presence of hydrocarbons, but the drilling process needs to be restarted until the reservoir is reached before the size of the deposits can be estimated. To be certain of the size of the reservoir more than one exploratory wells need to be drilled.

Because of the lack of information, it is not possible to make an informed guess. And I have already stated that I don’t believe in pure speculation. Three weeks is not a long time. I would therefore wait & hear it from the horse’s mouth.

Drilling activities in Pak Kekra-1 well sustains blow of mud loss
EXXON Mobile is drilling the well and it was given the target to drill the Kekra-1 well by 5,800 metre deep in March, but when the drilling reached by 4,900 metres, a huge kick pressure was felt owing to which the process braved the mud loss, a relevant official at Petroleum Division told The News.
https://www.thenews.com.pk/print/44...in-pak-kekra-1-well-sustains-blow-of-mud-loss

 

[Samlee]

Right...the reason PM IK has said ' good news in three weeks', he hasn't said Pakistan has hit the jackpot.

Also being cautiously optimistic is required with IMF talks in a fortnight or so, Pakistan need to leverage its strength and does't need to show it is over dependent of IMF loans...positive optics and vibes makes a lot of difference how do you get a good transaction.



"ExxonMobil returned to Pakistan after nearly a decade after surveys were carried out last year suggesting the possibility of big oil reserves within the Pakistani waters."


DAWN
I hope you know pictures taken from satellites today are so revealing and accurate that oil gas reserves, minerals, can be estimated much before initiating drills either on land or in sea. PM Imran Khan is certainly hoping and hopeful based on briefing he got from conglomerates.

You Know The Good News Could Be That The Looted Money Of Sharifs and Zardari Is Coming Back


Like I Said Fingers Crossed