Ukrainian oil company to drill two more oil wells in western Ukraine

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Ukrnafta, a Ukrainian oil company, is preparing a site for two new exploration wells in the west of Ukraine. Total initial production should generate 41 tonnes of oil per day.

Source: Ukrnafta

“Preparations are currently underway for drilling two wells in western Ukraine,” the report says.

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The initial oil production of the first well should be 16 tonnes per day. The second one is 25 tonnes per day. 

Background:

• In 2023, the company’s net profit amounted to UAH 23.6 billion (about US$600 million).
• Ukrnafta begins to drill a new oil well at a field located in western Ukraine.
• Ukrnafta received an additional production rate of 138 tonnes of oil per day after measures were taken to intensify production at one of the Western fields.

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