B-
77
Negative
The Basin remains active, and new entrants are vying for acreage, but the Outlook is Negative due to the regulatory headwinds in both countries.
June 18, 2024
Asia - South West
Onshore & Offshore
Oil
The Indus Basin is on the Indian-Pakistan plate, and as part of the supercontinent Gondwana during the Permian to Middle Jurassic, it underwent multiple phases of extension culminating in the separation of the Indian-Pakistan plate from Somalia in the Late Jurassic to Early Cretaceous.
While there has been significant exploration and development in the Basin, there remans significant prospectivity, especially offshore.
Source: ESRI, BGS, USGS & OGA data
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