​JSC Ukrgasvydobuvannya completed eight stages of hydraulic fracturing (HF) at Lannivsky field well using its fleet. As a result of the operation, the deposit reserves were confirmed, and the daily well flow rate increased more than 60 times.

​In January-November 2019, JSC Ukrgasvydobuvannya allocated UAH 1.086 billion of rent payments to the local budgets, in the territory of which the company carries out hydrocarbon production.

Last week, December 13, Ukrgasvydobuvannya filed a claim with the Kyiv District Administrative Court on cancellation of the decision of the inter-agency commission on organization of conclusion and performance of the production sharing contracts (PSC) as regards the opinions and bids for determining the successful bidder for the Varvynska field.

​To minimize the expenditures and ensure the efficient use of the company's funds, the Tender Committee of JSC Ukrgasvydobuvannya plans to conduct the tender for finished product road transportation services (motor petrol and diesel fuel).

​JSC Ukrgasvydobuvannya has completed the first competition round for contract signing to increase the production in two groups (clusters) of gas fields in the Western region.

JSC Ukrgasvydobuvannya reports that as of the morning of November 29, 2019, the raids were held at the company's executive office by the National Police and the Security Service of Ukraine.

Experts of Consumer Testing Institute had tested the fuel of Ukrainian and foreign manufacturers.

​Roman Opimakh, the Head of the Public Service of Geology and Subsoil of Ukraine, and Oleh Syniehubov, the Head of Poltava Region State Administration, have familiarized with the new well drilling process in Opishnya field.

​From January to October 2019, JSC Ukrgasvydobuvannya transferred UAH 1.003 bln. of rent payments to the local budgets in the territory of which the Company carries out hydrocarbon production.

“The industry needs no cubic meters of gas at whatever the cost. The industry needs much money to extract these cubic meters from the soil. It is a relevant issue both for the state companies and private business," Andrew Favorov, the Director for Integrated Gas Business, Naftogaz Ukraine, pointed out during panel discussion at the Kyiv International Economic Forum held on November 8, this year.