Business news from Ukraine

Business news from Ukraine

UKRGAZVYDOBUVANNIA DISCOVERS NEW GAS FIELD IN ZAKARPATTIA REGION WITH PROMISING RESOURCES OF 2.4 BCM

11 September , 2015  

KYIV. Sept 11 (Interfax-Ukraine) – Public joint-stock company Ukrgazvydobuvannia has discovered Liutnianske gas field in Velykoberezniansky District of Zakarpattia region, the press service of the company reported on Thursday.

“After drilling and tests of wildcat two, commercial gas inflow was recorded. Gas flow rate was 58,000 cubic meters during the 6mm-choke test. According to preliminary assessments of specialists from UkrNIIgaz, promising resources of the field are 2.4 billion cubic meters. Initial gas reserves of the gas reservoir opened by the well totaled 390 million cubic meters,” reads the report.

The press service said that test of the promising Liutnianske gas field started in 1991. Only in 2011, after seismic studies, the Liutnianska fold was discovered and the new Liutnianske gas field was discovered in 2015.

Ukrgazvydobuvannia plans to drill several more wildcats.