Ukrainian oil and gas company sets record for drilling new wells in 2025
Ukrnafta, Ukraine's largest oil and gas company, drilled 25 new wells in 2025 and increased oil and gas output by 3.39% compared with 2024.
Source: Ukrnafta
Quote: "New drilling, well stimulations and other operational measures enabled Ukrnafta to increase total hydrocarbon production in 2025 by 3.39% (in oil equivalent) compared to 2024. Specifically, oil production increased by 3.77% and gas production grew by 2.86%."
Details: Ukrnafta said drilling 25 new wells represented a 150% rise on 2024, when it completed 10 wells, and marked its strongest result in recent years.
Quote: "Of these [new wells], 7 wells were drilled using Ukrnafta's in-house resources, reflecting the sustainable growth of the Company's internal operational capacity."
More details: Ukrnafta reported that drilling volumes began to rise steadily after the company had moved under state management. Before 2023, new drilling remained minimal, averaging one to two wells a year.
Quote: "In fact, the number of wells drilled in 2025 equals the total drilled over the entire 2015-2022 period. At the same time, the volume of drilling performed in-house continues to grow."
More details: Ukrnafta reported the following drilling totals:
- 2023: 6,188 m
- 2024: 11,082 m (up 79%)
- 2025: 18,994 m (up 71%)
Background: Ukrnafta said earlier that it planned to complete the drilling of 25 wells by the end of 2025 and begin work on seven more new wells.
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