Business news from Ukraine

Business news from Ukraine

“Ukrgazvydobuvannya” drilled almost 50 new wells in 2022

28 December , 2022  

PJSC “Ukrgazvydobuvannya” (UGV) drilled 47 new wells, which is an indicator that is almost the same as before the war, the group “Naftogaz” reported in Telegram-channel in the evening of December 27.
“47 new wells were drilled by Ukrgasvydobuvannya this year. This figure is practically the same as before the war. Ten months of full-scale war, constant shelling, and terror of the energy infrastructure have made our specialists even more motivated and angry,” the group noted.
As Naftogaz informed, Ukrainian gas producers are losing the rate of gas production in eastern Ukraine, but methodically increasing it in the west.
“Our gas producers managed to achieve record drilling rates. In October 2022, the drilling division of Ukrgazvydobuvannya – Ukrburgaz – set a record for the monthly drilling footage – 30,505 m,” also stated in “Naftogaz”.
As it was reported, Ukrhazvydobuvannya launched 50 new wells in 2021 against 41 in 2020.
At the same time, UGV in 2021 reduced the gross production of natural gas by 3.7% (by 527.3 billion cubic meters) compared with 2020 – to 13.666 billion cubic meters, marketable gas – by 3.6% (477.7 billion cubic meters), to 12 billion 932.5 million cubic meters. In addition, in 2021 the Company decreased the production of liquid hydrocarbons by 3.7% (by 23.4 th. tons) to 614.5 th. tons.
In 2021 UGV drilled 50 new wells and connected them to the surface infrastructure, performed 243 well workovers, performed 609 coiled tubing operations, 105 hydraulic fracturing operations, 11 sidetracking operations, equipped 77 wells with the system of mechanized mining.
Naftogaz of Ukraine owns 100% of Ukrgasvydobuvannya shares.