Business news from Ukraine

Business news from Ukraine

“Ukrgasvydobuvannya” has commissioned new well with flow rate of 107 thousand cubic meters of gas per day

22 August , 2024  

Ukrgasvydobuvannya JSC has commissioned a new well with a flow rate of 107 thousand cubic meters of gas per day, the company reported on Facebook.
The appraisal and production well with a depth of 3715 meters was drilled by the Shebelynka drilling department at the old gas condensate field, which has been developed since 1978. Despite this, the field has significant residual reserves of more than 0.9 billion cubic meters of gas.
“This well has achieved a high flow rate due to the stimulation measures taken, including three stages of hydraulic fracturing. The well was completed using a coiled tubing unit,” said Serhiy Lagno, Head of UGV.
As reported, in 2023, Ukrgasvydobuvannya launched 86 new wells, 24 of which had an initial flow rate of more than 100 thousand cubic meters, and in January-May 2024, 36 new gas wells, 11 of which are highly productive.
In 2022, UGV produced 12.5 billion cubic meters 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.
“In January-June 2024, Ukrgasvydobuvannya increased natural gas (commercial) production by 8.8% compared to the same period in 2023 – up to 6.913 bcm.
NJSC Naftogaz of Ukraine owns 100% of Ukrgasvydobuvannya shares.

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