In 2023, Ukrnafta produced 1.4099 million tons of oil and condensate and 1.0974 billion cubic meters of natural and oil gas.

This represents an additional +3% and +6%, respectively, compared to last year's extraction figures. In 2022, the company produced 1.37 million tons of oil and 1.037 billion cubic meters of gas.

As per the forecast and the adjusted production plan, there should have been 1.405 million tons of oil and condensate and 1.09 billion cubic meters of natural and associated gas.

"I extend my gratitude to the company's team for not only holding back the natural decline in a full-scaled war year but also increasing production. In difficult conditions, people have made every effort to achieve results," stated Sergii Koretskyi, CEO at UKRNAFTA.

In 2024, Ukrnafta plans to drill new wells and intensify production, invite partners to the fields, and replace old Soviet and Russian equipment with modern world-class models.