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The Toot oilfield was not discovered until the early 1960s in the Punjab. It covers 122.67 square kilometres (47.36 sq mi). Pakistan Petroleum and Pakistan Oilfields explored and began drilling these fields with Soviet help in 1961 and activity began in the Toot oilfield during 1964. [3] [4]
After the partition of British India in August 1947, the newly formed Government of Pakistan required oil exploration to be conducted by companies incorporated in Pakistan and using the local currency. [4] In response to this requirement, Attock Oil Company incorporated Pakistan Oilfields Limited, in which it held a shareholding of 70 percent. [4]
The Toot oil field was not discovered until the early 1960s in the Punjab. The Most Rich resource in Khaur Company (Attock). It covers 122.67 square kilometres (47.36 sq mi). Pakistan Petroleum and Pakistan Oilfields explored and began drilling these field with Soviet help in 1961 and activity began in Toot during 1964. [3] [4] [5]
In October 2002, the Government of Pakistan sold its 34.76 percent stake in Pakistan Oilfields to general public for PKR 180 per share. [ 6 ] [ 7 ] In 2005, Paksitan Oilfields acquired a 25 percent share in National Refinery Limited, which is the only refining complex in the country producing fuel products as well as lube base oils.
A Chevron spokesperson said the company's overhead in the U.S. can be much lower than in overseas oil fields. Chevron's holdings in the Permian Basin, for example, total about 2.2 million acres ...
Wafi Energy Pakistan Limited, doing business as Shell, is a Pakistani oil marketing company based in Karachi. [ 2 ] [ 3 ] It is a subsidiary of Wafi Energy Holding, a Saudi Arabian oil and gas company. [ 4 ]
7 Oil Field Jobs Companies Are Desperate To Fill. Claire Gordon. Updated July 14, 2016 at 9:41 PM. ... Fire erupts on campus of former Virginia Intermont College: 'A tragedy for our city'
Yates Oil Field: United States, Texas: 1926 1926 1929 3.0 (2.0 billion recovered; 1.0 reserve remaining) [39] [40] Kuparuk oil field: United States, Alaska: 1969 6 Alpine, Alaska: United States, Alaska: 1994 2000 2005 0.4–1 0.05 East Texas Oil Field: United States, Texas: 1930 6 Spraberry Trend: United States, Texas: 1943 10 [41] Wilmington ...