The company announced the launch of a new well with high yields. By the end of the year, three more wells should be built in the same field.
OJSC Ukrnafta is launching a new well in Western Ukraine with an initial daily oil flow of 25-30 tons. The company’s press service reported this on Monday, December 4.
It was noted that the purpose of drilling the well was to explore the reserves in the Strian deposits. The work was carried out in a short time: a shaft with a total length of 1244 meters was drilled in just 32 days.
“During the construction of the facility, the horizon of the project was discovered and, with the help of geophysical research, its prospects for oil production were established,” said Ukrnafta Director Sergei Koretsky.
Currently, we have perforated deposits in the range of 1085-1122 meters, which is about 30% of the total thickness of the oil-saturated strata of the Strian deposits.
There is a development process going on. The initial flow of oil is 25-30 tons per day.
Ukrnafta noted that this is the third well drilled by the company in 2023 within a given field, and the second of them created in partnership with BC Horizons LLC. By the end of the year, three more wells should be built in the same field.
Let’s remember that a year ago Ukraine “nationalized” five large companies, including Ukrnafta. The corresponding decision was made on November 5 at a meeting of the Commander’s Headquarters.
And in November of this year, Ukrnafta announced record profits. The expected revenue of the company by the end of 2023 is at the level of 95 billion hryvnias, which is twice the average annual revenue of the past 10 years.
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Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.