Ukrnaftoburinnya Announces Production Results for Nine Months of 2020
Over the period of nine months of 2020, PrJSC MC Ukrnaftoburinnya produced 555.5 million m3 of natural gas, which is 2% higher than during the same period of the previous year (543.2 million m3 ). Oil and gas condensate production decreased by 4% in comparison with 2019 and comprised 62.3 thousand tons vs. 65.1 thousand tons.
Overall gas production at the Sakhalin Field over nine months of 2020 was 646.1 million m3 , while oil and condensate production was 66.3 thousand tons.
During September 2020, gas production of PrJSC MC Ukrnaftoburinnya comprised 57.8 million m3, while oil and condensate production was 6.3 thousand tons, which is 5% and 8% respectively lower in comparison with the same month of 2019.
“Challenging market conditions, aggravated by the COVID-19 pandemic, and resulting forced reduction in investment have certainly affected the dynamics of the company’s performance. We continue to take all necessary steps in such conditions to maintain our production performance. Our company understands its responsibility to our customers since the availability of domestic energy resources is one of the country’s top priorities,” Michael Bakunenko, Chairman of the Executive Board of PrJSC MC Ukrnaftoburinnya, commented upon the results.
08:00 / 26 September, 2019
ODESA OFFSHORE CONFERENCE-2019
Ukraine has every chance to resume the work of the most promising oil and gas region, the Southern oil&gas fields. The untapped deposits of oil and gas are located both onshore and subsea. Four companies have already poised to conclude Production Sharing Agreements with Ukraine, whilst bidding for the Dolphin oil&gas fields on Black Sea shelf. The Odesa Offshore Conference (OOC2019) will serve as a venue for Ukrainian and international bidders to meet with local and international drilling, oilfield service and equipment manufacturers to kick-off emerging subsea and onshore projects in Ukraine.
12:00 / 13 June, 2019
08:00 / 23 May, 2019
Carpathian Oil&Gas Conference-2019
The development of oil&gas industry, introduction and implementation of new E&P technologies, stimulation, workovers &recovery of oil&gas wells will be among upstream focal points of the FIRST DAY of COGC2019 - 23 May. The SECOND DAY of Conference will be devoted to midstream, downstream, and trade in hydrocarbons, to spotlight the nowadays dynamics and robust changes in the Ukrainian oil&gas market. The Ukrainian Gas Market day of 24 May 2019 will become a marketplace venue for natural gas traders and natural gas transmission & distribution companies to meet and discuss prospective deals in the UAH 200 billion natural gas market of Ukraine.