Ukrburservis to drill three wells on a turnkey basis for Ukrnafta for UAH 598.5 million

Drilling Company Ukrburservis LLC submitted the best offer in the tender of Ukrnafta PJSC for the construction of three turnkey wells at the Buhruvativske field (the Sumy region) and expects to sign a contract worth UAH 598.5 million (excluding VAT). The term of services is until December 31, 2025.

All the project wells – production wells. The projected depth of well No. 537 is 3,226 meters, well No. 538 – 3,363 meters, and well No. 539 – 3,374 meters. The wells will be drilled with the NOV 2000HP DC drilling rig. In addition, the wells must be cased with a conductor, production string, and liner. Besides, Ukrburservis will equip future wells with wellhead and blowout preventer equipment.

Ukrburservice was the only company that participated in Ukrnafta’s tender for turnkey drilling of wells at the Buhruvativske field. The starting price of the work was UAH 600 million (excluding VAT).

Ukrnafta expects the free flow rate of the oil wells to be up to 15 tons of oil per day upon completion.

As a reminder, in March 2024, Ukrnafta signed agreements with Burova Technika LLC and Romiret LLC to develop design and estimate documentation for the construction of wells at the Anastasivske and Buhruvativske fields for UAH 2.8 million (including VAT).