Ukraine boosts output from old natural gas field

Business

24 August 2024, 02:24 PM

Ukraine’s state-owned natural gas company UkrGasVydobuvannya has launched a new extraction well at an old gas field, boosting its output by 107,000 cubic meters per day, the company announced on Aug. 21.

The 3,715-meter-deep well was drilled at the Shebelinske gas condensate field that has been in development since 1978. The field has significant remaining reserves—over 900 million cubic meters of gas.

“We achieved high output at this well thanks to intensification measures, specifically completing three stages of hydraulic fracturing,” said UkrGasVydobuvannya CEO Serhiy Lahno.

“The well was developed using a coil tubing unit.”

The company previously reported launching 86 new wells in 2023, 24 of which had initial outputs exceeding 100,000 cubic meters per day. From January to May 2024, they drilled 36 new extraction wells, 11 of which are highly productive.

In January to June 2024, UkrGasVydobuvannya increased its natural gas output by 8.8% compared to the same period in 2023, reaching 6.913 billion cubic meters.

In March 2024, UkrGasVydobuvannya launched a well with a daily output of about 400,000 cubic meters.

In 2024, Ukrnafta (state-owned oil company) plans to start drilling 30 new wells using its own resources and contractors, with the goal of doubling its oil and natural gas production by 2027 to 3 million tons and 2 billion cubic meters, respectively

In February 2024, Ukrnafta began drilling three exploratory wells in western Ukraine.

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