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.
During 12 months of 2018, JSC Ukrgasvydobuvannya transferred UAH 1.250 billion to local budgets, in the territory of which the Company carries out hydrocarbon production.
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.
JSC Ukrgasvydobuvannya is actively looking for the ways to develop a new resource portfolio and considers the possibilities of exploring new oil and gas fields in different regions of Ukraine.
Director of Gas Preparation and Transportation O. Hordiienko and Head of Mechanical and Energy Department V. Mykytyn were dismissed from Ukrgasvydobuvannya.
JSC Ukrgasvydobuvannya reports that as of the morning of December 20 the searches are being conducted at the Company’s office by the employees of the prosecutor’s office.
In January-November 2018, JSC Ukrgasvydobuvannya allocated UAH 1.118 billion of rent payments to the local budgets, in the territory of which the Company carries out hydrocarbon production.
JSC Ukrgasvydobuvannya continues the active geological exploration works under the effective licenses and has discovered the fourth deposit in the Kharkiv Region this year.