Production | Ukrnafta

PJSC «Ukrnafta» had 85 permits for hydrocarbons extraction (commercial development of reserves).

Oil and gas are produced by Ukrnafta’s six oil and gas production units: Okhtyrkanaftogaz, Poltavanaftogaz, Chernihivnaftogaz in the Dnieper-Donets depression and Boryslavnaftogaz, Dolynanaftogaz, Nadvirnanaftogaz in the Carpathian foredeep.

As of year-end 2018, Ukrnafta had 1 928 oil wells and 165 gas wells in operation, including main and joint activity.

In 2018 PJSC Ukrnafta produced 1.4 mln tonnes of oil and condensate and 1.1 bln m³ of gas.

	2018	2017	2018/2017, %
Production of crude oil and condensate, ktonnes	1 448	1 379	5,0
Gas production, mln m³	1 082	1 108	-2,3%
Production of LPG, ktonnes	110	116	-5,2%

The company succeeds to get positive production results under the condition of restricted investments due to works on the existing wells such as recompletions, optimization of capital and planned workovers and replacement of the obsolete equipment.

In total, in 2018, Ukrnafta completed 17 hydraulic fracturing operations, 121 capital workovers and 93 opex workovers. As of Dec. 31, 2018, due to the capital workovers, Ukrnafta produced additional 58.4 ktonnes of oil and 74.2 mln m³ of gas. The opex workovers resulted in incremental production of 27.2 ktonnes of oil and 12.4 mln m³ of gas.