Arkona’s development special permits for of Svistunkivsko-Chervonolutske field recognized invalid

The Kyiv District Administrative Court satisfied the claims of Ukrnafta PJSC in the case of Svistunkivsko-Chervonolutske gas field. The corresponding decision in the case that was considered since October 2019 was made by the court on July 1, 2020, the press service of the company reports.

According to the report the court ruling:

• cancelled the protocol decision of the State Service for Geology and Subsoil dated 22.11.16 on the entry into force of the SCR Protocol, which unlawfully merged Svistunkivske and Chervonolutske fields and allowed the re-evaluation of the reserves of the Chervonolutske field by Arkona Gas-Energy LLC after the state approval of reserves at this field by Ukrnafta PJSC in 2010;

• cancelled the order of Derzhheonadra No. 217 dated 15.05.2017 on granting Arkona Gas-Energy LLC a 20-year special subsoil use permit for geological study, including pilot development with subsequent oil and gas production (commercial development) of Svistunkivsko-Chervonolutske field;

• recognized the special permit No. 4830 dated 18.05.2017 issued to Arkona Gas-Energy LLC for the geological study of oil and gas bearing deposits, including pilot development with further production of oil and gas (commercial development) of Svistunkivsko-Chervonolutske field. 

16:00 / 3 July, 2020

Upcoming events
08:00 / 26 September, 2019
ODESA OFFSHORE CONFERENCE-2019 Ukraine has every chance to resume the work of the most promising oil and gas region, the Southern oil&gas fields. The untapped deposits of oil and gas are located both onshore and subsea. Four companies have already poised to conclude Production Sharing Agreements with Ukraine, whilst bidding for the Dolphin oil&gas fields on Black Sea shelf. The Odesa Offshore Conference (OOC2019) will serve as a venue for Ukrainian and international bidders to meet with local and international drilling, oilfield service and equipment manufacturers to kick-off emerging subsea and onshore projects in Ukraine.
12:00 / 13 June, 2019
08:00 / 23 May, 2019
Carpathian Oil&Gas Conference-2019 The development of oil&gas industry, introduction and implementation of new E&P technologies, stimulation, workovers &recovery of oil&gas wells will be among upstream focal points of the FIRST DAY of COGC2019 - 23 May. The SECOND DAY of Conference will be devoted to midstream, downstream, and trade in hydrocarbons, to spotlight the nowadays dynamics and robust changes in the Ukrainian oil&gas market. The Ukrainian Gas Market day of 24 May 2019 will become a marketplace venue for natural gas traders and natural gas transmission & distribution companies to meet and discuss prospective deals in the UAH 200 billion natural gas market of Ukraine.
Carpathian Oil&Gas Conference-2019
All events