By Digital Spartans 
Pakistan’s estimated recoverable oil and gas reserves have increased to around 3.72 billion barrels of oil equivalent (BOE), according to data cited by Arif Habib Limited.
The latest estimate, recorded as of June 2026, indicates an improvement in the country’s overall hydrocarbon reserve position despite continued production and depletion at several mature fields.
The increase has also raised Pakistan’s estimated hydrocarbon reserve life to approximately 19 years. This compares with an estimated reserve life of 15 years recorded in June 2024 and June 2023.
The rise in reserves has been attributed to new discoveries and upgrades in estimates at existing fields. These additions have helped offset the natural decline in reserves caused by production from mature oil and gas fields.
Reserve life is an important indicator for the energy sector because it provides an estimate of how long recoverable resources could last at prevailing production levels. However, the figure can change as new discoveries are made, production rates shift and reserve estimates are revised.
Pakistan relies significantly on domestic oil and gas resources to meet part of its energy requirements. Changes in recoverable reserves can therefore have implications for the country’s energy planning and future exploration activities.
The increase to 3.72 billion BOE represents a notable change in Pakistan’s estimated hydrocarbon position. The improvement suggests that additions from new discoveries and revised field assessments have, at least for the reported period, outweighed depletion at some established fields.
The increase in estimated reserve life from 15 years to 19 years also provides a different picture of Pakistan’s domestic hydrocarbon outlook compared with estimates from previous years.
However, a longer reserve life does not mean Pakistan can rely indefinitely on existing oil and gas resources. Actual availability depends on production levels, investment, exploration success, field performance and the ability to commercially extract the resources.
New exploration remains important for maintaining and potentially increasing the country’s domestic energy base. Discoveries can add recoverable resources, while technological improvements and updated geological assessments can also change estimates of existing reserves.
The latest figures come at a time when energy security remains an important issue for Pakistan. Domestic production can help reduce reliance on imported energy, although the country’s overall energy requirements extend beyond locally recoverable oil and gas.
The 19-year reserve-life estimate should therefore be viewed as an indicator of the current resource position rather than a fixed deadline for Pakistan’s oil and gas supply.
Future reserve figures could change as additional exploration takes place and existing fields are reassessed. Production trends will also influence how quickly recoverable resources are consumed.
The data reported by Arif Habib Limited highlights the role of new discoveries and reserve upgrades in strengthening Pakistan’s estimated hydrocarbon position. With recoverable reserves reaching about 3.72 billion BOE by June 2026, the country’s reported reserve outlook has improved compared with the previous two years.