Fatima-Petroleum
Overview
Fueling Pakistan’s Energy
and Sarsabz Future
Oil is first born in the mind of the man – Daniel Pratt
- Extending the footprint from Sarsabz surface to the subsurface – with a scalable, sustainable and digitally enabled oil & gas E&P business.
- The Subsurface oil & gas traps are hidden 1,000 to 6,000 meters deep underneath, only indirectly visualized and mapped before being drilled.
- Explorers navigate a labyrinth of paths and a plethora of uncertainties to first derisk these traps, step by step.
- After a long tiresome journey of perseverance and passion, with the use of cutting-edge technologies and novice workflows, and a pinch of faith, fewer of these traps are finally drilled!
- Although the success rate is only 20-40%, the economic worth and follow-on impact of a discovery allures the Explorers to keep investing in this high-risk high-reward business!
- Natural gas with CO2 and Nitrogen is used to produce fertilizers which enrich the soils and raw lands.
Who We Are
A Next-Generation Upstream Energy Business
Fatima Petroleum Company Ltd. (FPCL) is an upstream oil & gas business built on Fatima Group’s century-long legacy of growth, innovation, and national impact.
The company is focused on creating a NextGen AI-enabled exploration and production ecosystem, powered by advanced geoscience workflows, digital technologies, strategic partnerships, technical excellence, and internal-external synergies.
FPCL is building a balanced portfolio across frontier, greenfield, and brownfield exploration domains, with a long-term vision to become Pakistan’s leading private E&P company with the broadest exploration footprint in the country.
Our Foundation
Vision That Drives the Future
Our Vision
Create new value, economic growth and long-term prosperity at the community, society and country level through an Upstream Oil & Gas business with innovation and discoveries.
Our Mission
Build a scalable, sustainable and innovative E&P business ecosystem that is driven by LLM & Geo-AI enabled evaluation systems, diverse portfolio, responsible safe operations, resourceful strategic partnerships and a People & Performance oriented culture.
A business that will grow step by step with perseverance and innovations in subsurface geology & surface engineering projects across the value chain while leveraging on Fatima Group’s systems, strengths, learnings and internal-external synergies.
Our Values
The core principles that guide our decisions, shape our culture, and drive our commitment to excellence in everything we do.
Sustainability
We are committed to the well-being of planet Earth, responsible energy production and operations to high HSE standards, balancing the economic growth and social impact, and prosperity of the people.
Perseverance
We learn from the successes & failures of all the businesses, deploy the best strategies and work programs with consistency and perseverance to sow the seeds, wait with patience, and harvest at the right time when the success arrives.
Innovation
We leverage digital ecosystem, state-of-the-art technologies and best practices to innovate and explore new oil & gas Play concepts and excel in finding & producing oil & gas with our world-class talent and performance.
Collaboration
We work together across diverse cultures, geographies, JV partnerships, technical & support functions to build lasting relationships, align stakeholders, access the best opportunities, create value and maximize it for our stakeholders and the nation.
Purpose Driven
Built on Responsibility and Sustainability
At FPCL, sustainability is guided by the 3Ps framework:
- Planet
- People
- Prosperity
We are committed to responsible energy production, high HSE standards, inclusive growth, and long-term national value creation.
The company strongly believes in diversity, equity, inclusion, and psychological safety, fostering an environment where people and innovation thrive.
key stages
Petroleum Upstream Lifecycle
Our approach for prudent and successful Exploration & Production activities: Five business imperatives and four exploration strategy elements with resourceful strategic partnerships, sustained loading and management of Value Creation to Realization Funnel with robust Value Assurance Framework and Decision Gates with discipline and perseverance!
New Ventures & Licensing
Basin screening and identify Strategic Focus Areas, Play Fairway mapping and new area capture through Bid Rounds, Farm-ins and M&A. Securing rights and prepare the grounds for successful exploration while ensuring compliance with safety, environment and regulatory frameworks.
Prospecting
Deploying advanced 2D & 3D seismic surveying and other geological & geophysical technologies for Play-based exploration and accurately identify structural & stratigraphic traps and their probabilistic resource potential P90, P50 and P10.
Drilling & Completion
Executing safe and technologically advanced drilling customized to the subsurface geology to access and test new and challenging reservoirs while maintaining high HSE and operational standards.
Appraisal & Development (A&D)
Drilling follow-on well/s to evaluate the discovered trap & reservoirs’ extent and effectiveness, derisk P90, P50 & P10 prospective resources into the 1P, 2P, 3P reserves. Determine pools’ pressure, fluid properties and deliverability. Build a field development plan for commercialization and monetization with full-scale production.
Production
Implementing continuous, sustainable production of oil/gas and their processing, transport and sale to maximize yield for long-term sustained business delivery. Work with local governments and communities for their and country’s well-being and prosperity.
Abandon & Restore
Abandoning the wells with quality P&A practices, decommission the surface facilities, and restore the site to high HSE standards. Handover land to the local government and communities.
Fatima Petroleum Exploration Footprint
and E&P Business Imperatives & Strategy
FPCL’s exploration strategy is built around a balanced and diverse portfolio approach, spanning multiple risk and reward horizons.
Frontier
EXPLORATION ELEMENT 1 • HIGH RISKNFW new field wildcats. Play not proven or proven by analogy. No or remote market access.
Greenfield
EXPLORATION ELEMENT 2 • MEDIUM RISKProven or emergent plays with facilities & market in-place but require extended pipeline.
Brownfield
EXPLORATION ELEMENT 3 • LOW RISKIn proven plays with nearby Infrastructure & market, near-field, in-year production & cashflow.
Sub-Commercial Or Suspended Gas Wells
EXPLORATION ELEMENT 4 • N/A RISKMonetize by leveraging Fatima Group’s projects & engineering synergies.
Fatima Petroleum Assets
Ratana
Marwat
Peshawar
Harnai South
Offshore Deep
