Pakistan's vast Shale Oil & Gas Reserves | Updates & Discussions

[PakPrinciples]

Sir are you able post the real sources too?

@Skull and Bones He always has the official sources on his blog which is linked to his post.

Here is the link for the updated report from the US EIA he was referring to in his post
http://www.eia.gov/analysis/studies/worldshalegas/pdf/fullreport.pdf?zscb=75960731

 

[Beerbal]

What is the chances that these Shale gas siphoned out by India... I am sure God must have sharedpre some part in India as well.. The Gas is fluid form, by applying pressure we can shiphon all the gas.

Later we will sell same gas to Pakistan and make some money..

 

[Argus Panoptes]

Coal, Natural Gas, Shale Oil - We don't have dearth of energy resources. We just lack the will to make things happen. Hopefully we have turned the corner on that front.

Sir, on what factors do you base such hope on? We seem to be going around in circles, not turning any corners as far as the evidence suggests, but perhaps you see what others do not.

 

[Pakistanisage]

Sir, on what factors do you base such hope on? We seem to be going around in circles, not turning any corners as far as the evidence suggests, but perhaps you see what others do not.

Look, Zardari wasted 5 years doing nothing except enjoying himself on borrowed money from IMF. He brought this country to it knees economically. give the new government a year or two before you condemn them. Nawaz Sharif has to deliver or he is history as well. But in all fairness there is no silver bullet here that will cure everything overnight.

 

[Argus Panoptes]

Look, Zardari wasted 5 years doing nothing except enjoying himself on borrowed money from IMF. He brought this country to it knees economically. give the new government a year or two before you condemn them. Nawaz Sharif has to deliver or he is history as well. But in all fairness there is no silver bullet here that will cure everything overnight.

Sir, I am not condemning anybody. All I asked were the factors upon which you base your hopes that things will be different in the next five years compared to the last five, since the indications are that there will be no real changes for the better.

 

[Kesang]

@RiazHaq , Blog which you always post as source of your thread is your own blog?

 

[DESERT FIGHTER]

@RiazHaq , Blog which you always post as source of your thread is your own blog?

And the source has been posted before... again im posting it ... just for you:

http://www.eia.gov/analysis/studies/worldshalegas/pdf/fullreport.pdf?zscb=75960731

 

[Kesang]

And the source has been posted before... again im posting it ... just for you:

http://www.eia.gov/analysis/studies/worldshalegas/pdf/fullreport.pdf?zscb=75960731

that was not my question. I wanted to ask that the blog " Haq's Musings " is his blog or not. Because i noticed that all his thread's source is that blog.

 

[Argus Panoptes]

...................
Pakistan's current annual consumption of oil is only 150 million barrels. Even if it more than triples in the next few years, the 9.1 billion barrels currently technically recoverable would be enough for over 18 years. Similarly, even if Pakistan current gas demand of 1.6 trillion cubic feet triples in the next few years, it can be met with 105 trillion cubic feet of technically recoverable shale gas for more than 20 years. And with newer technologies on the horizon, the level of technically recoverable shale oil and gas resources could increase substantially in the future...................

The complete report makes an important distinction between technically recoverable and financially recoverable shale oil and gas resources and lists the requisites for exploiting these deposits: private ownership of subsurface rights to provide incentives for exploitation, availability of subcontractors to provide the many areas of critical expertise needed, pre-existing gathering and pipeline structures and water resources needed for fracking.

How many of these requisites will we be able to provide?

Just because the potential is there does not necessarily mean that we will be able to exploit it. Isn't that the typical story?

 

[RiazHaq]

The complete report makes an important distinction between technically recoverable and financially recoverable shale oil and gas resources and lists the requisites for exploiting these deposits: private ownership of subsurface rights to provide incentives for exploitation, availability of subcontractors to provide the many areas of critical expertise needed, pre-existing gathering and pipeline structures and water resources needed for fracking.

How many of these requisites will we be able to provide?

Just because the potential is there does not necessarily mean that we will be able to exploit it. Isn't that the typical story?

World's history tells us the following: What differentiates those who get something done from the naysayers is the "can do" attitude.

The fact is that all obstacles can be overcome if developing domestic energy is important which it is for Pakistan's future.

 

[Kompromat]

@Argus Panoptes

Mostly its technological challenges in extracting shale gas and oil. If we can extract enough gas to fuel our economy for the next 20 years with current technology, it should be welcomed. Until then we may have a technology to do something about CSG at Thar too.

 

[W.11]

indians are jelly

 

[AZADPAKISTAN2009]

We should just go in 70-30% partnership with International Agency. At least something will be recovered from the Project
If we waited for our PML(N) it may take another 60 years

 

[RiazHaq]

Pakistan's best interest is not in defying Saudis and Americans to buy expensive Iranian gas and end up with crippling sanctions which could be much worse than its current energy crisis.

Its best interests will be served by developing its own cheap domestic shale oil and gas on an accelerated schedule with Saudi investment and US tech know-how.

If the Americans and the Saudis refuse to help, then Pakistan will have a stronger case to go with the Iran gas option.

Haq's Musings: Pakistan's Shale Gas With US & KSA Help?

 

[Argus Panoptes]

World's history tells us the following: What differentiates those who get something done from the naysayers is the "can do" attitude.

The fact is that all obstacles can be overcome if developing domestic energy is important which it is for Pakistan's future.

The sad truth is that we do not have the "can do" attitude, but you are right that, if we did, we could solve our energy problems.

@Argus Panoptes

Mostly its technological challenges in extracting shale gas and oil. If we can extract enough gas to fuel our economy for the next 20 years with current technology, it should be welcomed. Until then we may have a technology to do something about CSG at Thar too.

Actually, the technological challenges are the easy ones to solve. Our real problems with developing resources of this magnitude are related to financing and management with the associated corruption and incompetence.