• 4 minutes "Saudi Armada heading to U.S.", "Dumping" is a WTO VIOLATION.
  • 7 minutes Trump will be holding back funds that were going to W.H.O. Good move
  • 11 minutes Washington doctor removed from his post, over covid
  • 15 minutes Which producers will shut in first?
  • 49 mins Cpt Lauren Dowsett
  • 37 mins Its going to be an oil bloodbath
  • 4 hours Charts of COVID-19 Fatality Rate by Age and Sex
  • 5 hours Why Trump Is Right to Re-Open the Economy
  • 8 hours Death Match: Climate Change vs. Coronavirus
  • 6 hours Free market or Freeloading off the work of others?
  • 6 hours ‘If it saves a life’: Power cut to 1.5 million Californians
  • 9 hours US Shale Resilience: Oil Industry Experts Say Shale Will Rise Again
  • 10 hours Ten days ago Trump sent New York Hydroxychloroquine. Being administered to infected. Covid deaths dropped last few days. Fewer on ventilators. Hydroxychloroquine "Cause and Effect" ?
  • 10 hours Russia's Rosneft Oil is screwed if they have to shut down production as a result of glut.
  • 6 hours Trump will meet with executives in the energy industry to discuss the impact of COVID-19
  • 9 hours How to Create a Pandemic

Tapping into Pakistan's Massive Oil and Gas Reserves

Pakistan’s Tribal Areas (FATA) and Frontier Regions (FR) are believed to have massive reserves of oil and natural gas—which Pakistani officials have suddenly become very keen to demonstrate. But this is a highly restive, war-torn area where one right move could make all the difference, and one wrong move could ignite a conflict with irreversible consequences.

For now, the area remains unexplored and it was only in 2008 when Pakistani geologists began to study the area in earnest, with the support of the local authorities in the Federally Administered Tribal Areas (Fata) and the Frontier Region (FR). The results of this research were collected, processed and digitized in June 2012. The geologists discovered seven new oil and gas seepages during the mapping. The geologists also claim that 11 oil and gas exploration companies have already reserved 16 blocks in Fata.

The potential:

•    Pakistani geologists say Fata in particular is poised to become a “new oil state” whose production could rival Dubai’s in only five years
•    The FR is bursting at the seams with gas, so they say

Here’s what the interest looks like so far:

•    17 companies have initiated operations in Fata/FR (in Khyber, Orakzai, North and South Waziristan, Peshawar, Kohat, Bannu, Tank and DI Khan)
•    Tullow has been active in Pakistan since 1991,…




Oilprice - The No. 1 Source for Oil & Energy News