*ISLAMABAD: Federal Minister for Energy Omar Ayub Khan on Friday said thatthe report on any discovery of energy reserves at Kekra-I offshore drillingsite will come within three to four weeks.*
Speaking during the question hour in Senate, Ayub said that the offshoredrilling for oil and gas has been underway at Kekra-I site near Karachi.
Replying a question the minister said the drilling has currently reached to4,800 meters and
the well will be drilled up to the total depth of 5,660 meters in ultradeep waters.
It is to mention here that a delegation of Exxon Mobil informed Omar AyubKhan in a recent
meeting that the company was hopeful of finding energy resources at Kekra-Isite.
The delegation was headed by Alex Volkov, chairman of LNG MarketDevelopment Exxon Mobil.
Exxon Mobil President Irtiza Syed briefed the minister about the status ofoffshore drilling at Kekra-I that started in January 2019. He added thatExxon Mobil is also interested in the drilling of more offshore blocks.
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Drilling has now entered in its final phase where it will be easy toascertain the presence of oil or gas deposits.
Recently international energy research agency Rystad Energy in a reportsaid that the Eni-led Kekra project for oil and gas reserves in Pakistaniwaters is among three highly prospective wells in the world.
The research agency in its report on the prospective new discoveries ofenergy resources said that Kekra well in Pakistan have pre-drillprospective resource estimates of 1.5 billion barrels of oil or equivalent.
A group of multinational companies had started offshore drilling in Januaryfor exploration of oil and gas.
A major drilling ship, “Mother of All Rigs” along with three supply vesselsstarted the drilling at the site.
