Ukrnafta plans to attract foreign partners to boost production| ukraine news
PJSC Ukrnafta plans to increase oil production up to 1.45 million tons in 2023.
“In the near future, Ukrnafta has great potential for increasing oil and gas production. The company can provide 80% of this increase with existing fields, for which experts are preparing a procedure for attracting partners and classify all sites and wells by assessing their productivity by May 1”, reports the press service of PJSC Ukrnafta.
It is worth noting that Ukrnafta will drill some fields by its own forces, and there is also an opportunity to attract partners – professionals from Ukraine and other countries – for another part of the fields.
The company will be able to obtain an additional 20% of additional production by acquiring new licenses, developing test wells, determining potential real reserves and drilling new active wells in the future.
Ukrnafta’s plans for 2023 call for 1.45 million tons of oil and 1.04 billion cubic meters of gas.
Currently, Ukrnafta has 3,700 oil and gas wells, 89 fields and 451 gas stations in almost all regions of the country.