oil problem in pakistan
The problem with Pakistan is that we have not explored our land and off Shore assets properly and resource developement activities are Nil because of Unstable Economy. Major Players in Oil only come forward when Exploration Studies are conducted in a allocated area by GOP. Pakistan has a vast Potential of Oil and to date 833 Million Barrels of Oil reserve are there. But it is only 5% of the exploration conducted on the In and OFF Shore areas.

Oil Exploration is not a child's Play but requires a open resource developement and Energy policy to make Private Companies and Investors to take interest and requires consistency in policy which pakistan lacks since it came into being.

Pakistan contains two sedimentary basins: Indus in the east and Balochistan in the west.The Indus basin has received sediments from precambrian until Recent, albeit with breaks.It has been producing hydrocarbons since 1914 from three main producing regions, namely, the Potwar, Sulaisman, and Kirthar.In the Potwar, oil has been discovered in Cambrian, Permian, Jurassic, and Tertiary rocks.Potential source rocks are identified in Infra-Cambrian, Permian, Paleocene, and Eocene successions, but Paleocene/Eocene Patala Formation seems to be the main source of most of the oil.In the Sulaiman, gas has been found in Cretaceous and Tertiary; condensate in Cretaceous rocks.Potential source rocks are indicated in Cretaceous, Paleocene, and Eocene successions.The Sembar Formation of Early Cretaceous age appears to be the source of gas.In the Kirthar, oil and gas have been discovered in Cretaceous and gas has been discovered in paleocene and Eocene rocks.Potential source rocks are identified in Kirthar and Ghazij formations of Eocene age in the western part.However, oil- and gas-producing Badin platform area, has recognized the Sembar Formation of Early Cretaceous age as the only source of Cretaceous oil and gas.The Balochistan basin is part of an Early Tertiary arc-trench system.The basin is inadequately explored, and there is no oil or gas discovery so far.However, potential source rocks have been identified in Eocene, Oligocene, Miocene, and Pliocene successions based on geochemical analysis of surface samples.Mud volcanoes are present.