Pakistan oil and gas sector 'a new trend'.

Byline: RAZIUDDIN (RAZI)

The steady depletion of global energy resources due to increased consumption by mankind has contributed to the severe problem of exhausting all available non renewable energy resources such as natural gas, oil and coal. It is easy to do a simple calculation and forecast that global non-renewable energy resources will be exhausted within the next 50 years. Undoubtedly, explorationists have used all the conventional methods of hydrocarbon exploration in past few decades.Shale play is one of the ways that allows hydrocarbon exploration from tight rocks where oil/gas recovery is impossible while using conventional methods. Energy giants like USA, Middle East, Russia etc. arefocusing onthistechnique to continue exploring oil and gas for coming years so that maximum possible recovery of energy can be made from non-renewable resources before complete shift towards renewable resources. In this time of energy crisis, identification and energy extraction from Shale play is a dream for Pakistan.

Oil industry understands that the shale play can be the game changer for Pakistani Oil and Gas sector that is why OGDCL and PPL has drilled wells for Shale Play in lower Indus Basin but remained un-conclusive.

There are number of reasons that oil companies in Pakistan are not working on Shale Plays,lack of knowledge in this field and fear of taking a bold step in this direction are the key reasons.Since the beginning of OKTA EPL, our aim is to build an oil company with state-of-the-art technology along with the expertise of Pakistani international professionals to help the government in Oil and Gas sector. Keeping in view the Shale Plays, OKTA EPL's staff has prepared and published a guideline for Shale Play Exploration "A Workflow for Shale Play Exploration and Exploitation"in OTC March, 2022 in Kuala Lumpur...