24.02-01.03.2020
In an interview with the Rating publication, CEO of Geo-Alliance Lyudmila Kuchmenko noted that the Ukrainian gas industry needs stable and transparent working conditions. This relates to both cooperation under PSA contracts and the conditions for the production of hard-to-recover hydrocarbons. She also said that in the face of complex geology and constant changes in taxation in the country we need to fight for every single investor and make a bet on small and medium-sized investors who are ready to work with small deposits.
In general, Ukrainian gas producers are quite optimistic and are not going to scrap exploration and drilling programs, as they already have experience in overcoming crisis periods.
So, during his speech at the Ukrainian Energy Forum 2020, Stepan Kozitskiy shared the plans of the Zakhidnadraservis group of companies. In particular, production is expected to be increased to 1 MMCM per day by 2022. Moreover, the company plans to discover a large field in Western Ukraine. This objective is based on the company's own data and the understanding that no deep deposit studies have been conducted.
DTEK Neftegaz, being a private company, also has large-scale development plans.
Igor Shchurov, CEO of DTEK Neftegaz, announced the company's new goal for the next five years - to go from 1.6 to 2 BCM of gas in two years and reach 5 BCM in five years.
According to Ivan Gafich, director of exploration and prospective development at DTEK Neftegaz, the company will master new great depths under existing productive horizons. Let us recall that at the moment the company's deepest well is 6,650 meters.
Miron Firman, Director of Geology at Ukrgasvydobuvannya, spoke about the impact of the development of the company's resource base on production volumes. He noted that the company is ready to discover six fields a year, and only an increase in reserves will allow increasing production rates.
UGV also aims to reach greater depths of drilling. Miron Firman noted that the wide-azimuth 3D seismic will be massively introduced at UGV’s fields, while annual volumes will increase to 2,000 square kilometers per year. Ukrgasvydobuvannya planned to drill more than 10 deep wells in 2020. Already this week, 250,000 cubic meters of gas per day were received from one of these wells, at the Berezovskoe field in the Kharkiv region. The depth of the exploratory well is 6,100 m.
UGV intends to drill two tight gas wells at the Svyatogorskoe field.
17-23.02.2020
Dmitry Mordovenko, who was appointed the Deputy Chairman of the Board and Executive Vice President of Ukrnafta PJSC, will now be responsible for preparing and implementing strategic initiatives, as well as managing investments and transformation projects.
Among his primary goals, Dmitry Mordovenko sees ensuring stabilization and increase in production, as well as the formation of a company focused on world examples.
DTEK Neftegaz’s plan for the current year is to drill five new wells at the Semirenkovskoe and Machukhskoe fields. Last year, the company managed to achieve significant success in reducing the time for drilling deep wells.
Pursuing introduce innovative approaches, DTEK Neftegaz implemented a project to introduce an automatic system for continuous monitoring of corrosion at the wellhead and well pipeline. The accuracy of measuring sensors is 0.02 mm, which makes it possible to see the minimum changes in the corrosion rate of the metal.
Ukraine’s first SEG workshop on Earth sciences took place in Kiev. The workshop 2020 was attended by representatives of Schlumberger, Weatherford, DTEK, Ukrgasvydobuvannya and others, representatives of professional organizations SPE, EAGE, AAPG. The purpose of the event is to popularize Earth sciences, demonstrate how to use these sciences in everyday life, bring together experts from various fields of the industry in order to establish effective cooperation.
* * *
The Newfolk OGCC team wishes Vitaliy Grigorievich Vitrik a happy birthday! We wish you successful implementation of professional plans and personal prosperity!
10-16.02.2020
According to Ukrnafta, the company transferred UAH 939 million of taxes to the budgets of all levels in January 2020. This amount includes subsoil use royalty, VAT, income tax, excise duty and other taxes.
Ukrnafta recalls that in 2019 the company fully complied with current tax obligations and paid UAH 12.47 billion of taxes to the budgets of all levels.
Ukrgasvydobuvannya JSC continues operating on depleted fields. The appraisal-development well No. 217 is currently being drilled at the Opishnyanskoe field. Drilling operations are carried out by its own subdivision UGV Ukrburgaz. 3,617 m have already been completed. The drilling was carried out by the German-made Bentec drilling rig. It is planned to drill another 573 m and move away from the vertical by 293 m.
On February 12, Regal Petroleum Corporation Limited representative office held the Act Safely competition in the village of Yakhniki of the Lokhvitsa district of the Poltava region. The competition was the first such event for the SmartEnergy group of companies. The aim of the competition was to popularize safety rules within the NearMiss Industrial Accident Prevention Project.
03-09.02.2020
The government approved amendments to Decree No. 848 to push on electronic oil and gas auctions and streamline investors’ subsoil access.
The amendments relate to the regional councils’ cancellation of the approval for providing national mineral fields prior to their putting up for electronic bidding. In addition, the government made it possible to reserve the land plot even before it was auctioned.
According to Roman Opimakh, Chairman of the State Service of Geology and Subsoil of Ukraine, the innovations are designed to push on the interaction of subsoil users and the state and help involve investment and develop the industry.
Also this week it became known that three foreign investors applied for 3 PSA competitions.
Among foreign players, investors from Canada, the UK and Central Europe took involvement.
Ukrgazvydobuvannya in partnership with VermilionEnergy and EP Ukraine submitted two bids for the Grunivsky site (Sumy and Poltava regions).
One bid for the Ichnyansky site (Chernigov region) was submitted by YorkEnergy (UK) HoldingsLimited.
Akhtyrsky site (Sumy, Poltava and Kharkov regions) is subject to the three bids from Ukrgazvydobuvannya in partnership with VermilionEnergy, DTEK Neftegaz and EP Ukraine.
The GEO ALLIANCE Group of Companies ended 2019 with the complete performance of the targets. According to the company's press service, the Group enterprises produced 210 MMCM of gas, 39 thousand tons of oil and gas condensate, 19.6 thousand tons of liquefied gas.
