Naftogaz increased drilling speed by 9%, to 794m per month

Commercial drilling speed in Naftogaz Group in 5 months of 2021 increased by 9%, to 795 m per month, the press service of the Group reports.

At the same time, the total footage increased by 12%, to 73 thousand meters. Such results were achieved by NPT reduction during drilling operations. As a result, in almost six months the company commissioned 15 wells, of which 4 are high-rate.

"The results of work for the first five months of 2021 are very encouraging. Especially when you consider the slow recovery in global energy prices, the COVID-19 pandemic, and ongoing reorganisation processes. Under such conditions, it was possible not only to maintain but also to increase the drilling rate. For almost six months, we have commissioned 15 wells, 4 of which are high-rate, which in total gives the country over half a million cubic meters of gas per day," Andriy Khomenko, Director of the Technical Support Division, said.

Currently, of 35 drilling rigs available to Naftogaz (20 new and 15 upgraded), 29 units are involved — modern equipment is sufficient to fulfil the current tasks of the Group. The work is performed by the drilling crews trained on the basis of the world leaders in the production of drilling equipment. Naftogaz completely decommissioned outdated and inefficient Soviet rigs.

At the same time, the company continues to re-equip in the areas that require it. In particular, the process of 10 new well WO rigs' procurement with the involvement of EBRD credit funds has been resumed. The target delivery date for this equipment is Q4 2022.

ExPro Reference

Commercial speed is defined as the ratio of the meters drilled to the calendar drilling time (including NPT - downtime, and elimination of the accidents).

11:55 / 9 June 2021

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