EXPLORATION Anatomy of success in oil and gas exploration in Pakistan, 1915-94

05/13/1996
Viqar-un-Nisa QuadriS.M.G.J. QuadriExploration consultantsRiyadh Pakistan, flanked by Iran, Afghanistan, China, and India, is the size of Texas and Louisiana combined. The Indus and Baluchistan basins cover 80% of Pakistan's total area (Fig. 1 [58154 bytes]). The country also has 230,000 sq km of marine Exclusive Economic Zone. The law regarding E&P activity was promulgated in 1986, replacing the previous Petroleum (Production) Rules of 1949. As a result of the new Petroleum Policy implemented in March 1994 and streamlining of the bid review and award process, acreage leased including reconnaissance during 1994 was 355,541 sq km onshore and 120,640 sq km offshore, with the number ...
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