Business news from Ukraine

BURISMA PUTS INTO OPERATION THREE NEW WELLS IN UKRAINE

Burisma Group has commissioned well No. 38 on Karaikozivske deposit and wells Nos. 5 and 7 on Vodianivske field, the press service of the company has reported.
“The depth of two of the three wells exceeds 6,000 meters, providing them with the status of one of the deepest not only in Burisma Group’s portfolio, but also among all the gas producing companies of Ukraine,” the report says.
For example, the depth of well No. 5 on Vodianivske field is 6,210 meters, well No. 7 is 6,520 meters, and wells on Karaikozivske deposit 5,250 meters. The daily production rate of the latter is 200,000 cubic meters of gas and 100,000 cubic meters of condensate.
“We expect even better results for each of the wells of Vodianivske field,” the press service said citing CEO of Burisma Group Taras Burdeiny.

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