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.