In 2023, Naftogaz Group increased production from workover wells by 20% compared to pre-war 2021, which was a record high for the last four years.
“This figure is 20% higher than production in pre-war 2021. I am sincerely grateful to the specialists of Ukrgazvydobuvannya and the entire team that made this result possible,” the group said on its website, citing Naftogaz CEO Oleksiy Chernyshev on Thursday.
Recently, Ukrgasvydobuvannya JSC (UGV), a part of the Naftogaz group, has overhauled and restored an old well, which now additionally produces more than 340 thousand cubic meters of gas per day.
This well had been awaiting abandonment for a long time, but in 2023, experts conducted a detailed analysis, reviewed technical and geological risks, and decided to restore the well through workovers.
“Our experts are constantly working on reviewing and analyzing old wells that can be brought back into operation due to better technical capabilities than decades ago,” commented Oleh Tolmachov, Acting CEO of Ukrgasvydobuvannya.
As reported, in 2022, Ukrgasvydobuvannya produced 12.5 bcm of natural gas (commercial), which is 3% less than in 2021. According to operational data, the company increased production by more than 0.7 bcm in 2023.
NJSC Naftogaz of Ukraine owns 100% of Ukrgasvydobuvannya shares.
