PrJSC MC Ukrnaftoburinnya publishes its production results for six months of 2018.
Over the period from January through June, Ukrnaftoburinnya produced:
• 233.3 million m3 of natural gas, which is 25% more than during 6 months of 2017.
• 29.7 kilotons of oil and condensate, exceeding the same figure for 2017 by 42%.
“The positive dynamic of hydrocarbon production was achieved thanks to the launch of two new wells and the capital repair of existing wells. Now we are drilling three more new wells, which allows us to expect a significant increase in production based on the results of 2018,” commented Michael Bakunenko, Chairman of the Executive Board of PrJSC MC Ukrnaftoburinnya.
In general, gas production at the Sakhalin field increased by 35% (+ 85.4 million m3) to 326.5 million m3, and oil and condensate production increased by 46% (+10.8 kilotons) to 34.2 kilotons.
Over six months of this year, Ukrnaftoburinnya paid 1.386 million UAH in taxes to the budgets of all levels.