Business news from Ukraine

Business news from Ukraine

UKRNAFTA INCREASES AVERAGE DAILY OIL PRODUCTION

9 May , 2023  

In January-March 2023, PJSC Ukrnafta carried out a number of organizational and technical measures at the wells, which made it possible to increase the average daily oil production by more than 100 tonnes and petroleum gas by 30,000 cubic meters.
This was reported in a company press release with reference to the post of director of PJSC Ukrnafta Serhiy Koretsky on his Facebook page on Friday.
“In particular, the transfer to another horizon of one well in the Eastern oil and gas region made it possible to obtain an average daily flow rate of 34.1 tonnes of oil. As of the end of March, 1,100 tonnes of oil and 100,000 cubic meters of petroleum gas have already been received from this well,” he said.
In addition, more than 10 complex operations were carried out at other fields.
“Thanks to these works, it was possible to increase the flow rate at some wells four times, which in total brought more than 100 additional tonnes of daily oil flow rate and about 30,000 cubic meters of petroleum gas,” the PJSC said.
As the company recalled, Ukrnafta aims to increase oil production by 6% in 2023, with a further subsequent increase in production over the next five years. This year it is planned to drill three new wells and three sidetracks.

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