​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.

​The attraction of external investments and advanced technologies for field development will make it possible to add to the resource portfolio of Ukrgasvydobuvannya in the medium term.

​On October 31, JSC Ukrgasvydobuvannya put a new well into commercial service in the Krasnokutsk field, Kharkiv region. The daily yield made about 400 ths. cub.m of natural gas.

​For nine months period of 2019, JSC Ukrgasvydobuvannya has increased its net financial result by UAH 258 mln., as compared to the previous analogous period and has got UAH 21.412 mln of net profit.

​JSC Ukrgasvydobuvannya put five well into service in the fields of Kharkiv and Poltava regions after their capital repair, with a total yield of more than 700 ths. cub.m.