First Shale gas, oil well to be drilled in December

[ghazi52]

First Shale gas, oil well to be drilled in December

Oil and Gas Development Company Limited (OGDCL) has planned to start drilling activities in potential areas of Sindh in December this year for exploration of Shale gas and oil deposits identified almost five years ago, which would also help determine the cost of fuel extraction.

“In pursuit of the Shale gas exploration, the company is working to drill the first-ever unconventional Shale gas well in December at a fast track. Following which, the OGDCL Board and its management are also planning to carry out back to back drilling at nine more Shale wells,” a senior official privy to petroleum sector developments told APP.

A study completed in collaboration with the United States Agency for International Development, covering lower and middle Indus Basin, had identified massive Shale gas and oil reserves in 2015.

The report confirmed presence of 10,159 trillion cubic feet (TCF) Shale gas and 2,323 billion of stock tank barrels (BSTB) Shale oil in place resources.

 

[ghazi52]

 

[TheNoob]

I'll believe it when I see it.

 

[Clutch]

Thank you for the post sir.

However, One shale well doesn't mean anything.

Unconventional shale development requires hundreds of wells with multiple horizontal well laterals from a single pad.

This is probably a shale pilot well... A technology potential demonstrator.. whether shale gas potential in pakistan. If positive... And if further development makes sense... Expect actual full scale field development in +5 yrs.

@TheNoob

 

[ghazi52]

....
Pakistan has so far been banking on conventional oil and gas reserves but efforts to explore shale deposits are expected to give a boost to energy supplies. The country is placed at the ninth spot in the world with respect to shale oil and gas potential. A study had been conducted by Weatherford for OGDC in 2018 to assess the shale and tight gas deposits in the Indus Basin in Pakistan.

According to reports, shale gas potential in the Indus Basin is 1,000 trillion cubic feet over an area of 110,000 km. Tight gas potential in the basin is estimated at 400 trillion cubic feet and the best shale gas potential in the lower Indus Basin is estimated at 7.8 trillion cubic feet over an area of 146-km.

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[ghazi52]

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Most of Pakistan's shale oil and gas resources are located in the lower Indus basin region, particularly in Ranikot and Sembar shale formations.

Source: US EIA Report