In accordance with the current data, Ukrgasvydobuvannya’s production volume in January 2019 reached 1.335 billion cubic meters of natural gas, which is 2.4 % more compared to the same period of 2018, namely by 32 million cubic meters.
Oleh Prokhorenko, Chairman of the Board of JSC Ukrgasvydobuvannya, told the potential investors, leading experts and representatives of the international energy community about the main areas for cooperation with the largest gas production company in Central and Eastern Europe within the Ukrainian Gas E&P Forum held in London on January 29.
JSC Ukrgasvydobuvannya actively increases gas production in wells returned after termination of the Joint Activity Agreement (JAA) with Karpatygaz LLC and Misen Enterprises AB by the Arbitration Institute of the Stockholm Chamber of Commerce.
JSC Ukrgasvydobuvannya concluded the contract with the Canadian engineering company MWDPlanet for manufacturing and supply of three sets of telemetry systems for controlled directional and horizontal well drilling. The price of the contract is USD 2.4 mln.
JSC Ukrgasvydobuvannya has already received 2.7 billion cubic meters of additional gas production due to 300 hydraulic fracturing (HF) operations during 2.5 years, and the positive effect of operations keeps up.