Ukrgazvydobuvannia commissions two wells with total daily flow rate of 500,000 cubic meters

KYIV. Nov 6 (Interfax-Ukraine) – PJSC Ukrgazvydobuvannia drilled two high-yield wells, exploration and production, with a total daily productivity of 500,000 cubic meters.

“One of them is exploration at a recently discovered field, the other is production at a field that is more than 50 years old,” the company’s website said on Monday.

According to the company, the location for drilling the exploration well was determined thanks to previously conducted 3D seismic surveys. The second well is a production well, drilled at an “old” field, which has deposits with high residual potential, but is characterized by a complicated geological structure.

“The results of drilling this well made it possible to increase gas production in relation to the field by 156,000 cubic meters, as well as clarify the geological structure of the field and outline further plans for drilling subsequent wells,” it noted.

Both wells were drilled by specialists from the Ukrgazvydobuvannia branch – Ukrburgaz.

“We continue to work with both new and old fields and see that our approaches show effectiveness: at these fields these are not the first successful high-yield wells that add a significant plus to the company’s overall production,” said acting CEO of Ukrgazvydobuvannia Oleh Tolmachev.

The company’s goal is to increase natural gas production by 1 billion cubic meters in 2023 – to 13.5 billion cubic meters. In 2022, it produced 12.5 billion cubic meters of natural gas (commercial), which is 3% less than in 2021.

NJSC Naftogaz Ukrainy owns 100% of the shares of Ukrgazvydobuvannia.

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