It looks as if Pakistan will be the next country to start exploiting shale gas and oil reserves.
A study conducted by the country and the United States Agency for International Development (USAID) in 2015 found 10,159 trillion cubic feet (TCF) of shale gas and 2,323 billion of stock tank barrels (BSTB) shale oil in place resources. Now the government is putting final touches on a policy to exploit the massive reserves in the lower and middle Indus Basin.
“Shale gas policy is being prepared for onward submission and approval of the quarters concerned,” a senior official in the Petroleum Division said.
The lower and middle Indus Basin spreads over Sindh, southern parts of Punjab and eastern parts of Balochistan. The study took in 33 percent of the total sedimentary area of Pakistan.
A detailed analysis of 124 wells was carried out as part of the study. This included laboratory analysis of shale cores and cuttings in the United States. The purpose of the study was to validate shale-gas resource estimates, initial findings, assess availability of required technology and infrastructure for shale-gas operations and formulate guidelines for the shalegas policy.
Following the discovery, a dedicated shale gas and oil center was established at the Petroleum House to help interested exploration-andproduction companies exploit the potential.
Other areas of the country will be examined for possible sedimentary rock-based reserves.