Naftogaz Launches New Gas Well with Daily Output of 170 Thousand Cubic Meters

by Roman Cheplyk
Monday, November 25, 2024
3 MIN
Naftogaz Launches New Gas Well with Daily Output of 170 Thousand Cubic Meters

JSC “Ukrgazvydobuvannya”, a subsidiary of the “Naftogaz” Group, has successfully launched a new gas well at a recently discovered field

The well boasts a daily output of 170 thousand cubic meters of gas and reaches a depth of 4,202 meters. This significant development marks the 15th well drilled at this promising field since the beginning of 2024.

Milestone Achievement in Gas Production

The launch of this new well underscores Naftogaz's ongoing efforts to enhance Ukraine's natural gas production capabilities amidst challenging circumstances. According to the company's press service, this latest addition is a testament to the strategic planning and technological advancements implemented by Ukrgazvydobuvannya.

Oleksiy Chernyshov, Chairman of the Board of NJSC “Naftogaz of Ukraine”, highlighted the importance of this achievement:

"The successful drilling and launch of the new well in the central part of the field demonstrates our commitment to maximizing Ukraine's hydrocarbon potential. We are optimistic about the continued growth and increased production capacity this field offers."

Strategic Drilling and Future Plans

Serhiy Lahn, the acting head of “Ukrgazvydobuvannya”, attributed the successful output to the meticulous selection of the well location:

"The high output of this well was made possible by our thorough 3D seismic surveys and qualitative analysis. Identifying promising horizons and clarifying their capacity were crucial steps in ensuring the well's success."

Since January 2024, Ukrgazvydobuvannya has drilled 15 wells at this field, with plans to drill another well by the end of the year and four more in the following year. This aggressive drilling schedule aims to significantly boost Ukraine's gas production and reduce dependency on external energy sources.

Company Overview and Regional Operations

"Ukrgazvydobuvannya" stands as the largest gas production company in Central and Eastern Europe and plays a pivotal role in Ukraine's gas production industry. As a 100% subsidiary of NJSC "Naftogaz of Ukraine", the company specializes in the extraction of natural gas and gas condensate.

The company actively develops gas, oil, and gas condensate fields across various regions, including:

  • Kharkiv
  • Poltava
  • Sumy
  • Donetsk
  • Luhansk
  • Dnipropetrovsk
  • Lviv
  • Ivano-Frankivsk
  • Zakarpattia
  • Chernivtsi
  • Volyn

Geological exploration for new hydrocarbon deposits is primarily conducted in the Dnieper-Donetsk depression and the Carpathian region, leveraging advanced seismic survey techniques to identify and exploit untapped resources.

Record-Breaking Production Amidst Conflict

In October 2024, Naftogaz reported a 2.3% increase in gross natural gas production compared to the same period last year, reaching 1.663 billion cubic meters. This figure represents the highest monthly production since the onset of the full-scale Russian invasion, highlighting the resilience and efficiency of Ukraine's energy sector despite ongoing military and geopolitical challenges.

Conclusion

The launch of the new well by Ukrgazvydobuvannya marks a significant milestone in Ukraine's efforts to strengthen its energy independence and bolster its economy. With continued investments in infrastructure, advanced drilling technologies, and strategic planning, Naftogaz is well-positioned to enhance Ukraine's gas production capabilities and contribute to the nation's long-term energy security.

As Ukraine navigates the complexities of post-conflict reconstruction, the success of such initiatives will be crucial in ensuring sustainable economic growth and stability. The commitment of Naftogaz to expanding its gas production underscores the broader national strategy to leverage domestic resources for economic resilience and sovereignty.

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