In January-February 2024, JSC Ukrgasvydobuvannya (UGV) paid UAH 3.9 billion in rent payments, the company’s press service reports.
According to the press service, UAH 195.8 million, or 5%, went to the regional and local budgets where the company operates, and the rest to the state budget.
Local budgets of Kharkiv and Poltava regions received the largest amount of deductions over two months – UAH 100.1 million and UAH 78.8 million respectively, Lviv region – UAH 8.5 million, Dnipropetrovs’k region – UAH 3.9 million, and others – UAH 4.4 million.
As reported, UGV paid UAH 23.8 billion in rent payments in 2023, of which UAH 1.19 billion, or 5%, went to the budgets of local and regional levels.
NJSC Naftogaz of Ukraine owns 100% of Ukrgasvydobuvannya shares.
Since the beginning of 2024, JSC Ukrgasvydobuvannya (UGV) has launched its fourth high-performance well, with a daily flow rate of about 400 thousand cubic meters, the press service of Naftogaz of Ukraine Group reported on Wednesday.
According to the press service, thanks to the efficient work of Ukrburgaz specialists, the well was completed in just 105 days, which is 30% faster than the project schedule. During the work, a daily record was set for one team to drill 905 meters in 24 hours.
Specialists of the Ukrainian Research Institute of Natural Gases (UkrNDIGas), a part of the Naftogaz Group, correctly assessed the residual potential of the old field, successfully identified the well site and proved the high prospects of drilling in this area.
As reported, in 2023, UGV launched 86 new wells, including 24 with an initial flow rate of more than 100 thousand cubic meters. In January 2024, the company put into operation a well with a daily flow rate of 250 thousand cubic meters, and in February – two more new wells with a total daily flow rate of 550 thousand cubic meters.
In 2022, UGV produced 12.5 bcm of natural gas (commercial), which is 3% less than in 2021. In 2023, the company produced 13.224 bcm of commercial gas, which is 0.679 bcm more than in 2022.
NJSC Naftogaz of Ukraine owns 100% of Ukrgasvydobuvannya shares.
In the first days of 2024, Ukrgasvydobuvannya JSC commissioned a new exploration well with a daily flow rate of 250 thousand cubic meters, the press service of Naftogaz of Ukraine reported on Friday.
The well has a design depth of 3950 meters and was drilled by Ukrburgaz (a branch of UGV).
According to the press service, this is the 10th well in this field, which shows a high result. The company’s specialists continue to explore its potential: using new technologies and engineering solutions, the company is increasing production.
“In some parts of this field, we have good 3D seismic data, which allows us to determine the optimal points for drilling new wells. Ten exploration wells have completed the geological information picture, and we plan to start production drilling this year,” said UGV CEO Oleg Tolmachev.
As reported, in 2022, UGV produced 12.5 bcm of natural gas (commercial), which is 3% less than in 2021. In 2023, the company was set a target to increase natural gas production by 1 bcm to 13.5 bcm.
According to operational data, the company increased production by more than 0.7 bcm in 2023. At the end of 2023, UGV reached an average daily production of 37.5 million cubic meters.
NJSC Naftogaz of Ukraine owns 100% of Ukrgasvydobuvannya shares.
In 2023, Ukrgasvydobuvannya JSC paid UAH 23.8 billion in rent payments, the company’s press service reports.
According to the press service, UAH 1.19 billion, or 5%, of this amount went to the budgets of the local and regional levels where the company operates.
The budgets of Kharkiv and Poltava regions received the largest amount of payments – UAH 584.16 million and UAH 496.34 million, respectively.
The amount of rent payments is calculated in accordance with the sale price of Ukrgasvydobuvannya’s natural gas in favor of Naftogaz of Ukraine.
As reported, in 2022, UGV produced 12.5 bcm of natural gas (commercial), which is 3% less than in 2021.
For 2023, Ukrgasvydobuvannya has been set the task to increase natural gas production by 1 bcm to 13.5 bcm.
According to the operational data, the company increased production by more than 0.7 bcm in 2023. At the end of 2023, UGV reached an average daily production of 37.5 million cubic meters.
NJSC Naftogaz of Ukraine owns 100% of Ukrgasvydobuvannya shares.
In January-October 2023, Ukrgasvydobuvannya JSC paid UAH 19.85 billion in rent payments, the company’s press service reports.
According to the press service, UAH 992.26 million, or 5%, of this amount went to the budgets of the local and regional levels where the company operates.
From January to October 2023, the budgets of Kharkiv and Poltava regions received the largest deductions – UAH 484.96 million and UAH 415.32 million, respectively.
As reported, in 2023, Ukrgasvydobuvannya set a goal to increase natural gas production by 1 bcm to 13.5 bcm. In 2022, UGV produced 12.5 bcm of natural gas (commercial), which is 3% less than in 2021.
NJSC Naftogaz of Ukraine owns 100% of Ukrgasvydobuvannya shares.
PJSC UkrGasVydobuvannya (UGV) has drilled two high-yield wells, exploration and production wells, with a total daily production capacity of 0.5 million cubic meters.
“One of them is an exploration well at a recently discovered field, the other is a production well at a field that is more than 50 years old,” the company said on its website on Monday.
According to UGV, the drilling location of the exploration well was determined thanks to earlier 3D seismic surveys. The second well is a production well drilled at the “old” field, which has deposits with high residual potential but is characterized by a complicated geological structure.
“The results of drilling this well made it possible to increase gas production relative to the field by 156 thousand cubic meters, as well as to clarify the geological structure of the field and outline further plans for drilling the following wells,” UGV said.
Both wells were drilled by specialists of Ukrburgaz, a branch of Ukrgasvydobuvannya.
“We continue to work with both new and old fields and see that our approaches are effective: these are not the first successful high-rate wells in these fields that add a significant plus to the company’s overall production,” the website quotes Oleh Tolmachov, Acting CEO of Ukrgasvydobuvannya, as saying.
The company aims to increase natural gas production by 1 billion cubic meters in 2023, up to 13.5 billion cubic meters. In 2022, UGV produced 12.5 billion cubic meters of natural gas (commercial), which is 3% less than in 2021.
NJSC Naftogaz of Ukraine owns 100% of Ukrgasvydobuvannya shares.
