Austrian company finds gas reserves in Sindh

[RoadRunner401]

Simply conversion is 1-million cft = 172.39 bbl. oil equivalent. 2,500 bbl. therefore means 14.5 –million cft per day. Sadly it is not much.

SNGPL alone is facing shortage of 1.4- billion cft day (about 240,000 bbl. per day OE). Another small find among many other small finds. What is annoying that OMV neither disclosed ‘Reserves’ figure nor production in mmcft (million cubic feet) instead declared production in oil equivalent? May be because ordinary folk won't be able to guess that size of the find is small?

Sir, what you said is all Greek to me, could you please tell us, what all this is means in plain Language. I mean, how much oil per day or gas per day, we will get out of this.

 

[niaz]

Sir, what you said is all Greek to me, could you please tell us, what all this is means in plain Language. I mean, how much oil per day or gas per day, we will get out of this.

We get about 15-million cubic foot per day gas from this field.