JSC “Ukrnafta” and JSC “Ukrgazvydobuvannya” have jointly completed the drilling of a gas well at one of Ukrnafta’s fields.
The project, implemented as part of the cooperation between the two Naftogaz Group companies, marked the first practical step in developing internal cooperation to increase natural gas production in Ukraine.
As part of the project:
• JSC “Ukrgazvydobuvannya” provided drilling services using its own drilling rig;
• JSC “Ukrnafta” is responsible for the further development and operation of the facility.
The actual depth of the well is 5,681 meters.
“Increasing our own gas production is one of our key priorities. Synergy within the Naftogaz Group allows us to use resources more efficiently and accelerate project implementation,” said Serhiy Koretskyi, Head of the Naftogaz Group.
“This is the first joint project between Ukrnafta and Ukrgazvydobuvannya. We have developed a model of cooperation between the companies and achieved a practical result that provides a foundation for scaling up such cooperation in the future,” said Bohdan Kukura, Chairman of the Board of JSC Ukrnafta.
“Ukrgazvydobuvannya’s provision of services for the efficient use of the drilling rig fleet to increase hydrocarbon production for the state is a strategically important area of development. It strengthens Ukraine’s energy security and establishes a new model of successful cooperation within the Naftogaz Group,” emphasized Yuriy Tkachuk, CEO of JSC “Ukrgazvydobuvannya.”
The well development phase is currently underway. The drilling rig will be used to drill subsequent wells at Ukrnafta’s fields.
JSC “Ukrnafta” is Ukraine’s largest oil production company and operates the country’s largest national network of gas stations—UKRNAFTA. In 2024, the company entered into an asset management agreement with Glusco. In 2025, it finalized a deal with Shell Overseas Investments BV to purchase the Shell network in Ukraine. In total, it operates nearly 700 gas stations.
The company is implementing a comprehensive program to resume operations and modernize the format of gas stations in its network. Since February 2023, it has been issuing its own fuel vouchers and “NAFTACard” cards, which are sold to legal entities and individuals through Ukrnafta-Postach LLC.
The largest shareholder of Ukrnafta is Naftogaz of Ukraine with a stake of 50% plus one share.
In November 2022, the Supreme Commander-in-Chief of the Armed Forces of Ukraine decided to transfer to the state the share of corporate rights in the company that belonged to private owners, which is now managed by the Ministry of Defense.
