Pakistan’s oil production rises by 10%

[A.Rafay]

ISLAMABAD - Average production in the country this year has increased by a decent 10% to 71.6 k barrels as compared to 64.9k last year 2011-12.

According to the statistical data it is learnt that during 2007-08 volume of domestic oil production was 70.4k. Domestic oil production showed significant improvement in 2012 when major discovery was made from Nashpa field of Nashpa block located in KPK region.

Statistical data further revealed that fields production increased by a massive 109% to above 1k bpd as against 5.5k bpd last year 2011-12. During last year 2011-12 other major increase in domestic production of oil was from Adhi fields as its total production increased by a decent 16%.

The much discussed Tal production increased by a mere 3% despite commissioning of Makori east towards the end of the year. Though we continue to have conviction in the block’s potential but commissioning of Makori CPF (central processing Facility) holds its key.

According to the data during forward near term oil production increased to trigger after materlization production from Sinjhoro fields, makikhel-2 and maramzai-2 while improvement in production from Nashpa Adhi and Mela fields are also events to keep a track.

During last year 2011-12 despite the security concerns and circular debt restricting Pakistan Oil and Gas exploration companies to tap in new reservoirs, the sector continues to rely on maximizing the yield of existing reservoirs.

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[nForce]

Pakistan has oil..we need oil.

 

[Darth Vader]

Pakistan got everything

 

[nForce]

Pakistan got everything

A sound leadership.. and things will get going.I personally like Imran Khan..but then again.. should not be going off topic.

@ topic keep up the good work.

 

[Argus Panoptes]

Pakistan got everything

If that is the case, can you please send some electricity, gas, water and petrol to Lahore?

 

[A.Rafay]

We are also exploring Off-Shore for Oil in arabian sea near Pakistans coast.

 

[Peaceful Civilian]

If that is the case, can you please send some electricity, gas, water and petrol to Lahore?

Ask this question from PMLN

 

[A.Rafay]

If that is the case, can you please send some electricity, gas, water and petrol to Lahore?

We lack gas thats why we are going to import from Iran, Offcourse Our Energy needs are much higher But this thread is about increase in oil production.

 

[Argus Panoptes]

We lack gas thats why we are going to import from Iran, Offcourse Our Energy needs are much higher But this thread is about increase in oil production.

Gas from Iran is going to be too expensive for Pakistan to use, unless the price is renegotiated.

I agree with you that increasing oil production as much as is possible from domestic resources is important.

 

[Darth Vader]

If that is the case, can you please send some electricity, gas, water and petrol to Lahore?

OK but before that can u pleas start some projects for electricity, water, gas then i will happily send you whteve u want You guys got resources but you dont have the will to start them and 2 solve your problem Only you do is to ask others to do your work

 

[Thəorətic Muslim]

Too bad that the oil is being burned to create expensive electricity.

I believe it was the Shah who said, Oil is too expensive for us to burn.

 

[Umair Nawaz]

Pakistan has oil..we need oil.

Sorry its for Pakistani people.

 

[Ayush]

Sorry its for Pakistani people.

yaar khushiyaan baatne se hi badhti hain.

 

[Umair Nawaz]

yaar khushiyaan baatne se hi badhti hain.

pehly apne ghar ki khushia puri krni chahea phir bantny ki sochain.

 

[Ayush]

pehly apne ghar ki khushia puri krni chahea phir bantny ki sochain.

hmmmm.very true.