Drilling will begin in August, with drilling equipment currently being transported and sites being prepared Ukrnafta is starting work on constructing two oil wells that will collectively produce over 100 tons of oil per day, according to Ukrnafta’s press service. Both wells are being built turnkey by a contractor selected through Prozorro – Energofinance LLC. … Read more
PJSC Ukrnafta in January-May 2024 increased revenue from non-fuel sales by almost 2.1 times (by UAH 134 million) compared to the same period last year – up to UAH 260 million, the company’s press service reported. In addition, the number of non-fuel receipts has almost doubled – from 1.32 million pieces in January-May 2023 to … Read more
PJSC Ukrnafta, the second or third largest gas producer in Ukraine, has made a strategic decision to build gas generation, and for this purpose has already started to attract partners, Ukrnafta Director Serhiy Koretsky said at the Ukraine Recovery Conference in Berlin (URC2024). “At the first stage, it will be about 1 GW. For this … Read more
PJSC Ukrnafta transferred UAH 3.5 billion in dividends to NJSC Naftogaz Ukrainy based on operating results for 2023, the company’s press service reported on Tuesday. Taking into account the previously transferred dividends for last year, the company paid a total of about UAH 8 billion under this item to another shareholder in the person of … Read more
PJSC Ukrnafta has begun building a new exploration well in the north-east of the country, company director Serhiy Koretsky said on Facebook. According to him, drilling is carried out using our own rig. The projected depth of the object is 3,314 m. The goal is to reach the productive horizons of the Visean sediments. Completion … Read more
PJSC Ukrnafta, after hydraulic fracturing, increased the daily flow rate of a well in the northeast of the country by 25 times, company director Serhiy Koretsky said on Facebook. According to him, this is now the company’s most productive well – 103 tonnes per day in oil equivalent. As a result of the work performed … Read more
PJSC Ukrnafta has launched another high-output well in Western Ukraine, the company’s press service reported on Tuesday. According to the company, the result more than doubled the forecast: the well’s output is 54 tonnes per day compared to the expected 22.6 tonnes. The project was planned as an exploratory well aimed at uncovering reservoirs in … Read more
For the first time in the history of the company, specialists from PJSC Ukrnafta used modern technology to optimize reservoir pressure maintenance systems. “The result was an increase in oil production at the pilot site of one of the company’s western fields by almost 17%,” the company said in a press release on Thursday. According … Read more
Ukraine’s largest state oil producer, Ukrnafta, has expanded the boundaries of its existing special permits in western Ukraine, adding over 3 million tons of oil and 0.6 billion cubic meters of gas to the nation’s reserves, the company’s CEO Serhiy Koretsky reported on Facebook on April 23. “The reason for expanding the boundaries of the special … Read more
Based on the results of its activities in 2023, PJSC Ukrnafta saw a net profit of UAH 23.6 billion, company director Serhiy Koretsky said on Facebook. According to him, an independent audit of financial statements was completed by Grant Thornton Ukraine on April 3. “Last year’s dividends are twice the cumulative result of the last … Read more