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PJSC UkrGasVydobuvannya provides production update

03/05/2018

According to the operational data, gas production by PJSC UkrGasVydobuvannya in January-April 2018 amounted to 5.006 billion cubic meters.

For the first time since 2014, gas production reached the mark of 5 billion cubic meters for the first four months of 2018.

Moreover, technological measures of the first quarter and plans for the second quarter for operational activities (introduction of new wells for drilling, overhaul of wells, operations for the intensification of extraction, an increase of 50% of coil tubing operations and commissioning of 22 km of the Valuyha gas pipeline), lay firm foundations for the planned targets for production in the first half of 2018.

Also, in the 3rd and 4th quarters of 2018, UkrGasVydobuvannya plans to introduce new technological capacities: build 8 booster compressor stations, increase the number of workover rigs by external contractors to 50 units, operate 10 coil tubing complexes, nitrogen units, commission new wells of external drilling contractors.

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