Business news from Ukraine

DTEK acquires Stryde system for seismic surveys

DTEK has purchased a system that will increase the efficiency of oil and gas field development.

“Our team has started using the Stryde cable-free seismic survey system, which will help us: conduct exploration at greater depths, improve the accuracy of forecasts, and abandon heavy equipment,” the energy holding said on its Telegram channel on Friday.

According to DTEK, the system has already been successfully used at one of the fields in Poltava region and made it possible to abandon heavy trucks.

As reported, DTEK Oil&Gas produced 2 billion cubic meters of natural gas in 2022 (2.06 billion cubic meters in 2021). In 2023, the company intends to invest $120-130 million in gas production. 70% of these funds will be used to develop new fields.

In November 2022, DTEK Oil&Gas companies acquired the right to develop two gas fields in Poltava region at an open auction: Mayorivska field for UAH 1.102 billion and Birkivsko-Zinkivska field for UAH 211 million.

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