EVENTS OF THE MONTH: May 2019

27-31.05.2019 VI Newfolk International Oil and Gas Conference “Coiled Tubing. Hydraulic Fracturing. Drilling Services. Geophysics....

OVERVIEW OIL AND GAS: May 2019

According to Ukrtransgaz JSC, within five months of this year, 8.8 BCM of gas from Ukrainian gas producers came to the Ukrainian gas...

At the end of June 2019, Ukrgazvydobuvannya Service branch first held a multi-stage HF

The service branch executed the multistage HF on its own, modernized fleet owned by the state company. The four-stage HF is a level of...

Only 40% Price Crash Next Month Can Shut U.S. LNG

- Shut-in would require October JKM below $3.94 by July 20 - TTF prices for September would need to be below EUR10.19/MWh

The Role of Gas in Today's Energy Transitions

"Natural gas is one of the mainstays of global energy. Where it replaces more polluting fuels, it improves air quality and limits...

EVENTS OF THE MONTH: June 2019

  24-30.06.2019 From the beginning of the year, Ukrnaftoburinnya PrJSC developed the third well. Its depth is 5,520 m, and the...

OVERVIEW OIL AND GAS: June 2019

According to Ukrtransgaz, natural gas production in Ukraine for the first half of 2019 increased by 2.8% - up to 10.49 BCM compared to...

Incentive taxation is an effective mechanism of combatting the natural decline in gas production

273 wells were sunk in 2018-2020due to incentive taxation. New wells produced extra 4.5 bcm of gas. The share of gas in the total volume...

The Black Sea’s oil and gas potential: the reality and prospects of drilling a unique ultra-deep well on Zmiiny Island

The first exploration well in the Black Sea was drilled on the Golitsyn run high in 1975, almost simultaneously with the start of...

The VII International Industry Forum to mark the technologies of enhancing production took place

On March 10, the VII International Industry Forum "Improving the efficiency of hydrocarbon recovery in oil and gas fields of Ukraine"...

The evolving renewable energy partnership landscape: Implications for oil and gas majors

The renewable energy boom will continue to accelerate. Oil majors are well-positioned to use JVs and alliances to build renewables...

UK ministers consider ban on new North Sea exploration – report

UK  ministers are considering a ban on new oil exploration licenses in the North Sea as a move away from fossil fuels, a step that...

EVENTS OF THE MONTH: March 2021

22-28.03.2021 The Oxford Institute for Energy Study noted the achievements of the Ukrainian Energy Exchange in the wholesale natural gas...

OVERVIEW OIL AND GAS: March 2021

According to the Association of Gas Producers of Ukraine, 1.51 bcm of gas was produced in February, 9.8% down compared to January and...

ENERGY INDEPENDENCE

On June 22, the head of the integrated gas business of Naftogaz of Ukraine Andriy Favorov presented to the sector experts and mass media...

Improving the accuracy of well profile measurement as a way to reduce risks and increase drilling efficiency

Horizonty Group of Companies owns a large fund of old wells with high reuse potential. When designing the side track profile, experts...

EVENTS OF THE MONTH: July 2019

29.07-04.08.2019 According to the available information, Ukrgazvydobuvannya started the process of well drilling and shut it down at...

OVERVIEW OIL AND GAS: July 2019

According to Ukrtransgaz, 12.2 bcm of natural gas were received from Ukrainian gas companies since the beginning of the year and as of...

Natural gas demand grows by 40% from 2017 to 2040, with Asia leading the growth.

• Energy consumption is expected to grow by 0.9%/year up to 2040. • The extent of the economic growth is mitigated by...

Methane tracker Reducing methane emissions from oil and gas operations

Oil and gas producers that can demonstrate that they are taking strong action to reduce methane emissions can credibly argue that their...

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