Ukrnafta reduced oil and condensate production by 5% to 112.5 thousand tonnes in February 2021

Ukrnafta PJSC in February 2021 produced 112.5 thousand tonnes of oil and condensate and 81.6 mcm of gas, which is 5.4% and 10.5% less, respectively, than in February 2020, the press service reported.

Currently, the Company's main focus is operational efficiency working on the existing wells, the re-completion to new productive horizons, optimization of CWO and WWO in the promising wells, replacement of critically worn-out equipment. In February, Ukrnafta completed capital workovers (CWO) in 9 wells, re-entered 9 wells, performed 4 stimulation operations and 4 coiled-tubing interventions without a CWO crew.

Average daily production rates February 2021 January 2021 February 2020
Oil and condensate production, thousand tonnes 4,02 3,99 4,25
Gas production, mcm 2,91 2,94 3,25

14:33 / 29 March 2021

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