Region LLC has completed oil and gas well No. 26 for Ukrnaftoburinnya

Ukrnaftoburinnya has completed the drilling of well No. 26 total depth 4650 m at the Sakhalin field. When testing the formation C-5a, a commercial inflow of oil and gas was obtained; daily oil production amounted to 85 tons, and natural gas to 17 thousand m3. 
The contractor was Drilling Company Region LLC.
«It should be noted that we have discovered a new reservoir, which is located in a separate western block of the field. This result proves the long-term benefits of this block and allows for planning further exploratory drilling», – Volodymyr Novikov, Head of the Geology Department.
«This is the third new well, which we commissioned this year. And this is another record for both UNB and the field as a whole. As a result of successful drilling and well completion, the daily production rate of liquid hydrocarbons at the Sakhalin field exceeded the 300-ton mark. It is thanks to such projects that the company annually increases volumes of production and sales of hydrocarbons», – Michael Bakunenko, Chairman of the Executive Board of PrJSC MC Ukrnaftoburinnya.
As a reminder, in June Ukrnaftoburinnya successfully completed a gas condensate well, No. 20, with a production rate of 260 thousand m3 of gas and 50 tons of gas condensate, in March a gas condensate well No. 44, the production of which amounted to 100 thousand m3, and condensate of seven tons.

Reference EXPRO:
PrJSC MC Ukrnaftoburinnya is one of the largest private gas-producing companies in Ukraine. Since 2010, it has been developing the Sakhalin oil and gas condensate field (Krasnokutsky district, Kharkiv region). The main activity of the company is the production of natural gas, gas condensate, and oil. The company operates twenty-four gas and condensate, and oil and gas wells. As part of the joint operation agreements, it operates ten additional gas condensate wells.

In 2017, Ukrnaftoburinnya produced 542 Mm3 of gas and 50 ktons of oil and condensate. By results of 6 months in 2018, gas production was 233.3 Mm3 (+ 25% compared to January-June 2017) and 29.7 thousand tons of oil and condensate (+ 42%).