The company succeeded to get positive production results under of restricted investments due to works on the existing wells such as recompletions, optimization of capital and planned workovers and replacement of the outdated equipment.
The company continues introduction of remote monitoring of wells equipped with electric submersible pumps. In 2019, 84 wells were added to the system and now the system covers 196 wells.
In total, last year, Ukrnafta completed 7 hydraulic fracturing operations, 160 capital workovers and performed 57 production intensification operations and took 121 wells out of non-operation.
Thanks to these operations, the company managed to produce additional 173.4 ktonnes of oil and condensate and 138.1 million m3 of natural gas.