Business news from Ukraine

SMART ENERGY COMMISSIONS NEW 4,620-METER WELL IN KHARKIV REGION

PJSC Ukrgazvydobutok (part of Smart Energy Group) has commissioned a new appraisal and production well on Ostroverkhovske gas condensate field in Kharkiv region, the press service of the group has said.
According to its data, the depth of the well is 4,620 meters, drilling was successfully completed in April 2018.
“Due to the successful implementation of technical solutions we managed to obtain a commercial flow of gas from the Visean deposits at the level of 90,000 cubic meters per day. This figure is 30% higher than the expected output,” Technical Director of Smart Energy Viktor Dudzych said.
The press service noted that the drilling of well No. 10 of Vasyschevske deposit (Kharkiv region) is also underway.
Smart Energy is the managing company in Smart-Holding Group of Vadim Novinsky. It is responsible for the development of projects in the field of hydrocarbon production and alternative energy.

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SMART ENERGY OFFERS UKRGAZVYDOBUVANNIA TO RESUME GAS WELL IN KHARKIV REGION

The Smart Energy Group has sent a proposal to Ukrgazvydobuvannia to resume one of the wells of the Hostroverkhivske field (Kharkiv region), the group’ press service has reported. The deposit use license for the field belongs to Smart Energy, while the well belongs to Ukrgazvydobuvannia.
Ukrgazvydobuvavnnia, which is wholly owned by NSJC Naftogaz Ukrainy, is a large gas processing company, which accounts for about 75% of total gas output in the country.
Smart Energy is the managing company in Smart-Holding Group of Vadim Novinsky. It is responsible for the development of projects in the field of hydrocarbon production and alternative energy.

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