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HomeOil & GasNaftogaz launches production well of 580,000 cubic metres of gas per day
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Naftogaz launches production well of 580,000 cubic metres of gas per day

Ukrgasvydobuvannya, a subsidiary of the Ukrainian state-owned Naftogaz Group, has launched a new production well with a depth of 5,800 metres and a current production rate of 580,000 cubic meters of gas per day.

“This is one of the most productive wells launched by Ukrgasvydobuvannya in recent years. Moreover, it has created new prospects for a previously unexplored formation at one of the fields in Eastern Ukraine. The estimated prospective gas resources in this formation are more than 6 billion cubic meters. Currently, preparations are underway to drill two more new wells in this formation: a prospecting well and an exploration well,” said Oleksiy Chernyshov, CEO of the Naftogaz Group.

The field has significant prospects and a complex geological structure which is further complicated by deep faults and a block-like composition, Naftogaz said. The discovered gas deposits are located in a high-temperature section with abnormally high reservoir pressures.

Due to a lack of technology, it was previously impossible to develop “promising deposits” in this field at significant depths, the company noted.

“We recently conducted a state-of-the-art 3D seismic survey which made it possible to design this exploration well. The well has a complex controlled directional design. Drilling and exploration were challenging for the team of geologists, drillers and geophysicists but success was achieved. We will continue to work on unlocking the potential of this formation,” said Oleh Tolmachev, Acting CEO of Ukrgasvydobuvannya.

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