Ukrnafta kept oil and gas production in the crisis year 2020

By the end of 2020, Ukrnafta kept its oil and condensate production performance at the level of 2019.

The liquid hydrocarbons output amounted to 1.5 million tons. In particular, the average daily production of oil and condensate was 4.1 thousand tons per day. This was reported by the company’s press service.

The natural gas output in 2020 decreased by 3% to 1.13 billion cubic meters, when compared to the performance of 2019.

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However, the average daily gas production amounted to 3.1 million cubic meters per day, and the production of liquefied gas increased by 4.5% to 117 thousand tons.

In general, in 2020, Ukrnafta carried out 2 hydraulic fracturing operations, completed total overhaul at 133 wells, performed 15 production stimulation operations and took 107 wells out of a shut-down period. Due to this, the company managed to obtain an additional 145.4 thousand tons of oil and condensate and 79.4 million cubic meters of natural gas.

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