ISLAMABAD:
The Oil and Gas Development Company Limited (OGDC) has completed Pakistan Basin Study (PBS) containing important information regarding hydrocarbon exploration opportunities in the country.
The report has been completed on the direction of Ministry of Petroleum and Natural Resources. Renowned UK based consultant and geosciences Services Company M/s Fugro Robertson Ltd (FRL) had conducted the study which was completed in four-year time by a large number of FRL geoscientists and OGDC counterparts.
According to an official source, the PBS Report covers all onshore and offshore sedimentary basins of Pakistan, which contains huge volume of data and information.
OGDCL has now invited all multinational and Pakistani exploration and production companies operating in Pakistan in this promotion campaign. Many oil and gas companies have expressed their willingness to purchase the PBS Report.
The interested E&P companies abroad will also be approached to take advantage of this report to participate in the hydrocarbon exploration opportunities in Pakistan.
This report will provide countrywide assessments of petroleum plays ranging in age from infra-Cambrian to Pleistocene embodied in a series of play fairway maps accompanied by mega regional, reappraisal and re-mapping of the relevant reservoir facies and ranking of the areas on the basis of their petroleum prospectively, potential reserves, economic viability and recommendations for future exploration strategies.
Published in The Express Tribune, July 21st, 2011.
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