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ENERGY: PAK OIL & GAS

Project NOVA-6


Pakistan Oil & Gas Program


164 million barrels of Oil


24.6 trillion cubic feet of Gas  


Massive Recoverable Reservoirs 


Preamble:

  • Proposed Legal Structure: International Joint Venture (As per USA DoC & World Bank Guidelines).
  • Project Lead Companies: AMCO Engineering (AMCO) Pakistan and MUGHALS-RESOCHEM Corp. (MRC) USA.
  • Current Status: Although the Government of Pakistan (GoP) has announced the Gas Pricing Formula, however, the Group is waiting for GoP to legislate and publicly announce the Regulatory Framework.

 Houston Energy Conference

During 2014, with the active participation of US State Department and Government of Pakistan (GoP), an Energy Conference was organized in Houston by Pakistan Consulate Houston Texas USA. During the conference, President RESOCHEM Corp. Dr. Aziz Ahmed Siddiqi presented the Action Plan and consequently RESOCHEM Corp. Director Special Projects Mr. Mohammad A. Mirza traveled to Pakistan. However, GoP decided to buy LNG from Qatar.

Image Below: Dr. Aziz Siddiqi with Energy Conference Delegates Houston, Texas USA

During 2017, using a Geology-based Assessment Methodology, 

USGS Confirmed

"Technically Recoverable Resources of 

164 million barrels of oil and 24.6 trillion cubic feet of gas 

in the Lower Indus Basin, Pakistan"

Source URL:  U.S. Geological Survey (USGS)


Project NOVA-6 Background


  • From 2003 to 2017, Pakistan and USA governments collaborated on multiple Oil & Gas Projects.
  • Based on June 2013 EIA report, Pakistan & USAID conducted field studies and in November 2015 jointly reconfirmed that Pakistan has massive technically recoverable deposits.
  • Currently, AMCO-MRC is the lead to acquire reliable and authenticated data to Study; Analyze; Interpret; Evaluate and Simulate the Earth Progressions using Gravity; Magnetic; Electrical and Seismic methods.
  • Government of Pakistan Gas Pricing Formula
  • For Onshore:

    From 6.15 US $/MMBTU - To 7.0 US $/MMBTU

    For Offshore:   

    Shallow             = 7 $/MMBTU

    Deep                  = 8 $/MMBTU

    Ultra-Deep       = 9 $/MMBTU

Below Image Source USAID Report

Pakistan & USAID Field Study

During 2014-15, following encouraging estimates provided by the US EIA, Government of Pakistan (GoP) with the technical assistance of USAID conducted field study and sent shale formation samples to USA to determine the prospects of reserves. 

During November 2015, after receiving input from USAID, GoP Reconfirmed the massive recoverable deposits of minimum 10 trillion cubic feet (TCF) of shale gas and 2.3 trillion of stock tank barrels (STB) of shale oil across the country. GoP has signed multiple Exploration and Petroleum Concessions Agreements with Pakistani and foreign companies.


USA Strategy

Coal to Liquid

USA COAL TO LIQUID PROGRAM

As per National Energy Technology Laboratory (NETL) part of the U.S. Department of Energy (DOENational Laboratory SystemUnderground Coal Gasification (UCG) takes advantage of the same chemical reactions of coal to produce product gases, as those occurring in conventional gasifier reactors. The main difference is that in UCG the underground coal seam itself becomes the reactor, so that the gasification of the coal takes place underground instead of in a manufactured gasification vessel at the surface.

Images Below Source: NETL | EPA | DoE





AMCO-MRC 


Two Prong Strategy

  • Conversion of Coal To Liquid
  • Small & Mid Scale LNG 


http://www.themughals.net/sectors/geophysical



Image Below: Mr. Mohammad Afzal Mirza Principal Group Director at OTC 2013 HOUSTON Texas USA


Image Below: Left Dr. Aziz Ahmed Siddiqi, President RESOCHEM; 

Mr. Mohammad Afzal Mirza, Principal Group Director at OTC 2014 HOUSTON Texas USA


Image Below: Team Energy During OTC 2015 Houston Texas USA


Project NOVA-6

Phase-1 Scope of Work 

Technology Assessment and Adoption

MATRIX preparation of potential Positive and Negative consequences of the available Technologies; Economically Viable Prospects; Cost–Benefit Analysis; Organizational Readiness; Specialized Training of Proficient Workforce.

ICT Platform

Digital Blueprint for Reservoir Life Cycle

Technical Assistance and Training

Provisioning of experts in specialized areas of Carbonate Platform, Reservoir-Geology, Geophysical Seismic Data Acquisition; Processing; Modelling; Interpretation; Control; Management and Specialized Training.

Geophysical and Seismic Studies

Regional and Basin studies integrating existing Geological, Geophysical and Well Data in Indus Basin Pakistan, and a parallel study of Petroleum Geochemistry.

Seismic Program

Reprocessing of existing 2D Data; Acquisition and Processing of additional 5,177 square kilometer of new 3D Data; Gravity and Airmag Surveys; Equipment and Software for Geological and Geophysical surveys.

Exploratory Drilling

Based on results of Geophysical and Geological studies and Seismic Surveys, twelve (12) to eighteen (18) wells.



Read More About... Natural GasMUGHALS Initiatives and AMCO Engineering

Focal Contact:  pgd.mrc@themughals.net    



About AMCO Engineering 

AMCO Engineering (AMCO) is ISO Certified multi-discipline Professional Engineering legal entity and a member of Pakistan Engineering Council

During 2015, after restructuring, AMCO including Mining Sector in its portfolio and  now offers a wide array of Energy; Mining; Geophysical and Seismic Services from Basin Evaluation to Enhanced Reservoir Characterization to Operational Efficiency by using reliable state-of-the-art seismic acquisition technologies and industry-leading acquisition techniques to solve complex Computational, Simulation and Visualization challenges facing Energy and Mining sectors.

AMCO packages include Hardware, Software and Specialized Training for both Public and Private sectors to Study; Acquire; Analyze; Interpret; Evaluate and Simulate the Earth Progressions using Gravity; Magnetic; Electrical and Seismic methods.

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