Pakistan's vast Shale Oil & Gas Reserves | Updates & Discussions

[POPEYE-Sailor]

لو یوتھیوں۔۔ ایک اور پھکی۔۔ 14 ارب ڈوب گئے ۔۔ سمندر میں

 

[1Paki$tani]

Any update on this? I thought the reports were still not out and since then things have gone silent?

 

[razgriz19]

Canada has a shit load of oil. I work for one of the major oil companies in the world

Canada dont have much shale oil as compared to USA .

 

[litman]

i think they havent found anything so now the govt is quiet on this topic. IK once again has shown immaturity in this matter by making tall claims and now he has an embarrassing situation.

 

[ghazi52]

ISLAMABAD - Brisk drilling was in progress at the first shale gas and oil well near Hyderabad city of the Sindh province to acquire geological and engineering data for further planning of the pilot project. “The drilling, started on December 14, 2019 at the Shale gas well, KUC-01 (Kunar Unconventional-1), is in progress. As of January 30, 2020 the well was drilled to depth of 2,487 meters that will be taken to 3,910 meters in Chiltan formation,” according to an official document available with APP. Currently, the Oil and Gas Development Company Limited (OGDCL) and United Energy Petroleum Limited (UEPL) are undertaking shale gas & oil exploration projects in Sindh Province. A study, completed in collaboration with United States Agency for International Development in 2015, had identified massive deposits of shale gas and oil, which needed further evaluation to determine the cost of extraction. According to the EIA Shale Gas Assessment Report 2015 (USA); Pakistan has around 105 Trillion Cubic Feet of recoverable shale gas and 9.1 Billion Barrels of recoverable shale oil resources. The successful exploitation of shale gas could provide Pakistan with a sustainable supply of natural gas and oil (against EIA estimated recoverable gas resources), the OGDCL observed before initiating the drilling work. Pakistan’s estimated natural gas demand stood at about 7-8 Billion Cubic Feet per Day (BCFD), out of which less than 4 BCFD was being produced locally. “There is 50 percent of gas shortfall in the energy mix needs of the country.” The OGDCL had clarified that the identified resources were not booked as “reserves” and needed to be further rationalized through additional technical information regarding the Shale Reservoir.

The Nation

 

[Thamizh Puli]

are they fracking ?

 

[niaz]

are they fracking ?

Say 'Goodbye' to fracking and shale oil for the time being. You need about $45 per bbl oil to barely B/E. At $20 per bbl Brent, who would sink tens of millions in new Shale/Tight oil/gas fields? Aptly mentioned in the FT:

"Shale thrives at $100 a barrel, survives at $50, and dies at $25"

Jamie Webster, BCG Center for Energy Impact

Full article:

US shale bust wrecks hopes for energy independence
https://www.ft.com/content/32ce6962-6e15-11ea-89df-41bea055720b

 

[Thamizh Puli]

Say 'Goodbye' to fracking and shale oil for the time being. You need about $45 per bbl oil to barely B/E. At $20 per bbl Brent, who would sink tens of millions in new Shale/Tight oil/gas fields? Aptly mentioned in the FT:

"Shale thrives at $100 a barrel, survives at $50, and dies at $25"

Jamie Webster, BCG Center for Energy Impact

Full article:

US shale bust wrecks hopes for energy independence
https://www.ft.com/content/32ce6962-6e15-11ea-89df-41bea055720b

indeed, I hope atleast this price crash kills of fracking. It is one of the worst things we can do to where we live

 

[BATMAN]

i think they havent found anything so now the govt is quiet on this topic. IK once again has shown immaturity in this matter by making tall claims and now he has an embarrassing situation.

Imran Khan and aides always have to sell some thing to public as a justification to hang in and divert attention from daily corruptions.

Pakistan stops much-celebrated offshore drilling as no oil and gas reserves found - ET EnergyWorld

PM Imran Khan earlier this year said Pak won't need to import oil after reserves were found near Karachi coast.

energy.economictimes.indiatimes.com

"Shale thrives at $100 a barrel, survives at $50, and dies at $25"

US invested billions in shale oil fields development, when oil prices were $100+ /barrel.
Now it's our turn to invest in shale oil but we have genius in PM who can't see money going to waste.
It's the same people, who mislead the public on solar energy... reference to propaganda on Quaid e Azam solar power field.

I can very conveniently declare that, ruling clergy is working for enemies of Pakistan.

 

[Menace2Society]

Is this true?

If Balochistan has proven reserves of oil and gas, then why the exploration, production and drilling activities have so far been too slower in the province? Why does the country still lack a comprehensive program for on-shore and off-shore oil exploration in Balochistan? What have been the snags, hurdles or constraints for tapping the energy resource potential of the province? Undeniably, shy investment in oil and gas sector and the security concerns in the province have been the key reasons for slower growth of the sector, but there is presumably another issue related to Iran’s reservation and concern over drilling of oil wells in Balochistan. Balochistan borders Iran, which is rich in oil and gas resources. Some observers believe that discovery and drilling of oil wells in Balochistan may cause the Iran’s oil to flow towards the province, which is physically located below the level of surface in Iran. Some independent analysts have even claimed that Pakistan is bound for not drilling oil wells in southern Balochistan under a deal with Iran, as the neighboring country would lose most of its oil for its flow toward lower landscape.

https://www.pakistangulfeconomist.com/2017/12/04/does-drilling-for-oil-in-balochistan-bother-iran/

 

[Bilal.]

Is this true?

If Balochistan has proven reserves of oil and gas, then why the exploration, production and drilling activities have so far been too slower in the province? Why does the country still lack a comprehensive program for on-shore and off-shore oil exploration in Balochistan? What have been the snags, hurdles or constraints for tapping the energy resource potential of the province? Undeniably, shy investment in oil and gas sector and the security concerns in the province have been the key reasons for slower growth of the sector, but there is presumably another issue related to Iran’s reservation and concern over drilling of oil wells in Balochistan. Balochistan borders Iran, which is rich in oil and gas resources. Some observers believe that discovery and drilling of oil wells in Balochistan may cause the Iran’s oil to flow towards the province, which is physically located below the level of surface in Iran. Some independent analysts have even claimed that Pakistan is bound for not drilling oil wells in southern Balochistan under a deal with Iran, as the neighboring country would lose most of its oil for its flow toward lower landscape.

https://www.pakistangulfeconomist.com/2017/12/04/does-drilling-for-oil-in-balochistan-bother-iran/

Irans oil reserves are on their western side. Nothing even close to Baluchistan. And if there is a “deal” where is our benefit from it? I mean the least we would have gotten would be free oil for our consumption.

 

[AZ1]

Is this true?

If Balochistan has proven reserves of oil and gas, then why the exploration, production and drilling activities have so far been too slower in the province? Why does the country still lack a comprehensive program for on-shore and off-shore oil exploration in Balochistan? What have been the snags, hurdles or constraints for tapping the energy resource potential of the province? Undeniably, shy investment in oil and gas sector and the security concerns in the province have been the key reasons for slower growth of the sector, but there is presumably another issue related to Iran’s reservation and concern over drilling of oil wells in Balochistan. Balochistan borders Iran, which is rich in oil and gas resources. Some observers believe that discovery and drilling of oil wells in Balochistan may cause the Iran’s oil to flow towards the province, which is physically located below the level of surface in Iran. Some independent analysts have even claimed that Pakistan is bound for not drilling oil wells in southern Balochistan under a deal with Iran, as the neighboring country would lose most of its oil for its flow toward lower landscape.

https://www.pakistangulfeconomist.com/2017/12/04/does-drilling-for-oil-in-balochistan-bother-iran/

engineers often gets attacked working there sone lost their lives.

 

[fatman17]

1TCF of gas reserves discovered in North Waziristan. Equivalent to 15% of total gas supply or production of Pakistan .

 

[Abid123]

1TCF of gas reserves discovered in North Waziristan. Equivalent to 15% of total gas supply or production of Pakistan .

Is this really true bro? I have heard similiar news before... Which turned out to be fake. If true we should not export. Keep it for our own needs.

 

[fatman17]

Is this really true bro? I have heard similiar news before... Which turned out to be fake. If true we should not export. Keep it for our own needs.

Marri Gas has apparently made this discovery. Let's hope it is more than the estimated 1TcF