Ukrgazvydobuvannya Sets Historic Drilling Record in Q1 2025: Over 107,000 Meters

🚨 New Ukrainian Drilling Record

This quarterly result marks a historic milestone, almost doubling the performance of the same period in 2024 and exceeding the previous record set in Q3 2024 (102,866 meters).

• March 2025 was the most productive month, with 41,229 meters drilled — 6,929 meters above plan and surpassing the previous monthly record of 40,059 meters set in April 2024.

💬 Company Statement

“Thank you to the drilling team for your incredible work. You demonstrate not only technical skill, but also dedication to your work. Every meter of penetration is the result of teamwork and perseverance,”
— Serhiy Lahno, Head of JSC Ukrgazvydobuvannya

🔥 Why This Record Matters: Energy Independence for Ukraine

Amid ongoing war and infrastructure challenges, Ukrgazvydobuvannya’s performance is strategically vital. Increasing domestic gas production is a national priority to reduce reliance on imports and ensure energy security.

Key Achievements:

• In 2024, the company increased gas production to 13.9 billion cubic meters, compared to 13.2 bcm in 2023.

• Commissioned 83 new wells in 2024.

• Achieved the highest daily production volume in three years: 38.9 million cubic meters/day.

• Successfully restored over 50% of lost gas production capacity after Russian strikes in February.

🏗️ What’s Next?

This success is expected to:

• Boost investor confidence in Ukraine’s natural gas sector;

• Support the country’s resilience and reconstruction efforts;

• Accelerate Ukraine’s path toward energy independence from Russian gas.

📊 Summary Table: Ukrgazvydobuvannya Key Drilling Milestones