Business news from Ukraine


22 May , 2020  

The British company Regal Petroleum, part of the Smart Energy group, received an industrial influx of hydrocarbons from a new exploration well with a depth of 5,322 meters on Svyrydivske field (Poltava region).
“Well SV No. 54 that was spudded in October 2019 has already obtained the commercial inflow of natural gas and gas condensate at the level of 80,000 cubic meters/day and 5 tonnes/day respectively. Currently, the well testing is undertaken, while it is hooked-up to the gas processing facilities,” the company said on its website.
“Modern technologies of well drilling and casing, unique technical solutions, applied while development and testing of well No. 54, enabled to minimize the negative influence on productive reservoirs, retain their fluid loss properties, obtain strong hydrocarbons flow and put a well on production ahead of schedule,” Viktor Dudzych, the CTO of Smart Energy Group, commented.
“Earlier, in Q4, 2019, Smart Energy Group put well No. 119 on operation at Mekhedivsko-Golotovshchynske field in Poltava region. Currently, its average daily production rate is 140,000 cubic meters/day for gas and 25 tonnes/day for gas condensate,” the report says.