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HomeOil & GasNaftogaz Group opens new gas field in Ukraine

Naftogaz Group opens new gas field in Ukraine

Ukrgasvydobuvannya, a subsidiary of the Ukrainian energy company Naftogaz Group, has opened a new gas field with a production potential of one billion cubic metres (bcm).

The new field officially opened on Tuesday (29 August). Its currently estimated production potential “might increase” following more in-depth analyses, Naftogaz’s spokesperson Vladyslava Smolinska informed CEENERGYNEWS.

Testing of the well with a depth of almost 4,000 metres was completed in August. Before drilling, experts conducted a 3D seismic survey.

Geological studies conducted by Naftogaz indicated that the new field may have reserves totalling one billion cubic metres of gas, the company said in a press release.

“This is not the first discovery of new hydrocarbon deposits this year. By increasing reserves, we are creating the foundations for the sustainable growth of domestic gas production,” said Ukrgasvydobuvannya’s Acting General Director Oleg Tolmachev.

Mr Tolmachev added that Ukrgasvydobuvannya will continue geological exploration efforts at the new site in parallel and plans to drill new wells.

Naftogaz Group drilled 157,000 metres in the first 6 months of 2023, which is the company’s highest half-year number in the past 15 years. “We expect 2023 production volume results to exceed those of not just 2022, but also of 2021,” Ms Smolinska told us.

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