Home Media Center News DTEK Oil&Gas increased gas production by 11% for three quarters of 2021

DTEK Oil&Gas increased gas production by 11% for three quarters of 2021

Oil and gas12 October 2021
DTEK Oil&Gas produced more than 1,5 bcm of natural gas and increased production by 11% in comparison to the same period of the previous year.
DTEK Oil&Gas increased gas production by 11% for three quarters of 2021

The company increased production thanks to successful drilling, work-over and intensification of wells at fields in Poltava Region. For instance, on September 12, DTEK Oil&Gas brought into production well No.58 of Machukhske field. The well which is 5360 m deep was drilled within 97,5 days what is record-setting for Ukraine. The well output equals to 300 thousand cub. m per day. In 2021, the company has finished drilling of 4 wells.

Production increase and record-setting drilling period became possible due to use of top-of-the-line equipment and introduction of the latest technologies in production.

Igor Shchurov, CEO of DTEK Oil&Gas said: «Due to systemic introduction of technologies, DTEK Oil&Gas demonstrates a record-setting drilling speed and continuously high production performance for gas. The company attracts the latest technologies to Ukraine and contributes, thereafter, to development of the entire oil and gas industry of Ukraine. Investment in the industry is a key task to strengthen energy security of the country. Thus, business counts on legislation stability and stimulating tools as a support from the state».