Naftogaz Group announces the change of the PEC (Production Enhancement Contract) project and informs that the pre-qualification procedure for the interested participants has started.
In order to raise awareness of the drilling process and production stimulation technologies, we invite representatives of national and industry-specific media to visit UGV facilities in Kharkiv Region.
The maximum number of drilled meters per annum which was recorded in 2006 was 276,000 meters. In 2018, the Company reached a record of drilled meters – 314,000. This made it possible to further increase annual production by 335 million cubic meters.
JSC Ukrgasvydobuvannya, in January-February 2019, paid UAH 235 mln to local budgets, in the territory of which the Company carries out hydrocarbon production.
JSC Ukrgasvydobuvannya is pleased with the results of the first electronic auction for sale of special permits for subsoil use which took place on March 6, 2019.
In accordance with the current data, Ukrgasvydobuvannya’s production volume in January-February 2019 reached 2.542 billion cubic meters of natural gas, which is 2.6 % more compared to the same period of 2018.
JSC Ukrgasvydobuvannya has increased gas production by 3 billion cubic meters due to 330 hydraulic fracturing (HF) operations for the period from September 2016 to February 2019.
Since no new hydrocarbon deposits are discovered, JSC Ukrgasvydobuvannya increases production on existing deposits through innovative technological operations aimed at liquid removal from the wells that have not been operated for a long time or operated with periodic interruptions.