Business news from Ukraine

UKRGAZVYDOBUVANNIA PLANS TO CONDUCT OVER 100 HYDRAULIC FRACTURING OPERATIONS

4 March , 2019  

JSC Ukrgazvydobuvannia plans to conduct over 100 hydraulic fracturing operations and extract an additional 500 million cubic meters of gas thanks to them, the company’s press service has reported.
Ukrgazvydobuvannia said that from September 2016 through February 2019 a total of 330 hydraulic fracturing operations were conducted.
“Since the beginning of 2019, Ukrgazvydobuvannia has significantly increased the number of works on hydraulic fracturing and performed 40 operations within two months, which is 90% higher than the same period last year,” the company said, adding that the increase in production intensification operations enabled it daily production increase in January-February 2019 at the level of the first four months of 2018.

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