Ukrnaftinvest is constructing an oil and gas well in the Odesa region

Research and Production Concern Ukrnaftinvest (owned by businessman Hennadiy Butkevych, co-owner of the ATB network) is drilling exploration Well No. 4 Serhiivska within the Biloliskiy block of Alibeysko-Trapiska area, which is located in the Saratsky district of the Odesa region. This is reported by the service company Shamir Chemical LLC, which provides drilling fluids' services.

According to the report, the target depth of the well is 2800m, the planned time frame for providing services of drilling fluids and cement slurries is 45 days, and the drilling contractor is Spetsmekhservice.

Construction of the Well No. 4 - Serhiivska is carried out by a JZ-40 drilling rig with a diesel drive and pumps Caterpillar C18 with a capacity of 470 kW.

According to the EIA report data, the expected flow rate of gas from the well is 5 tcm / day, oil – 70 tons/day.

ExPro Reference:

Ukrnaftinvest (its head and signatory is Victoria Lavrega, the founder is Hennadiy Butkevych through Bolaso Investments Limited (Cyprus) and Trident Geoinvest Ukraine). The company’s main activity is research and experimental developments in the field of other natural and technical sciences. The company holds two licences for oil and gas production in the Odesa region, received in 2004 (Biloliskiy block and Alibeysko-Trapivska area). The ultimate beneficiary also owns Kharkivenergoprom LLC, which holds the mineral rights for the Zakhidno-Hutska petroleum area.