Business news from Ukraine

New well of Ukrgasvydobuvannya produces 274 thousand cubic meters of gas per day

30 July , 2024  

Ukrgasvydobuvannya JSC (UGV), a part of Naftogaz Group, has commissioned a new high-performance well with a daily production rate of 274 thousand cubic meters of gas.

As reported on the group’s website on Tuesday, the well’s peculiarity is that the planned bottom hole is located directly under a settlement.

“The commissioning of the new well increased daily gas production at the field by 17%. The next well is next in line, which will be put into operation in August this year,” said Oleksiy Chernyshov, Chairman of Naftogaz Group.

The idea to drill the well belongs to Andriy Tiro, UkrNDIGas developer, who assessed the field’s production potential and found a remote site for its development. The development team performed a detailed geological and technical study and recommended the well for drilling.

“It was possible to drill a well under the settlement due to modern drilling equipment, advanced technologies and skill of Ukrburgaz specialists, who solved a rather difficult task and drilled a well with a bottom hole reach of more than 1300 m in four months,” said Serhiy Lagno, Chairman of Ukrgasvydobuvannya.

At the same time, the specialists of Ukrgazpromgeofizyka performed complex logging operations and determined the depth of gas-bearing formations in the conditions of a large wellbore angle.

In total, in the first half of 2024, UGV drilled 50 wells, of which 41 were put into operation.

As reported, in 2023, Ukrgasvydobuvannya launched 86 new wells, 24 of which had an initial flow rate of more than 100 thousand cubic meters, and in January-May 2024, 36 new gas wells, 11 of which are highly productive.

In 2022, UGV produced 12.5 billion cubic meters of natural gas (commercial), which is 3% less than in 2021. In 2023, the company produced 13.224 bcm of commercial gas, which is 0.679 bcm more than in 2022.

“In January-June 2024, Ukrgasvydobuvannya increased natural gas (commercial) production by 8.8% compared to the same period in 2023 – up to 6.913 bcm.

NJSC Naftogaz of Ukraine owns 100% of Ukrgasvydobuvannya shares.

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