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Ukraine's largest natural gas producer reaches record production at new wells in company's entire history

Tuesday, 9 January 2024, 14:39
Ukraine's largest natural gas producer reaches record production at new wells in company's entire history
stock photo: Naftogaz

For the first time in the history of UkrGasVydobuvannya, a subsidiary of Naftogaz of Ukraine, gas production from new wells exceeded 1 billion cubic metres per year.

Source: Naftogaz

"For the first time in the history of UkrGasVydobuvannya, production from new wells exceeded 1 billion cubic metres per year. We not only almost doubled last year's figure but also showed the best result over the past 20 years (since 2002)," the report says.

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In total, 86 new wells were put into operation in 2023. Twenty-four of these wells operated with an initial flow rate of more than 100,000 cubic metres.

The company managed to achieve this result thanks to:

  • Application of new technical capabilities in old depleted fields, the layers of which were previously unattainable;
  • Active drilling of new fields;
  • Infrastructure upgrades;
  • Development of the potential of Ukrainian specialists.

The most powerful well was launched in April 2023; its flow rate can reach 580,000 cubic metres.

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