Halliburton Ukraine has signed an initial agreement for a $100 million deal with Naftogaz to introduce modern ‘fracking’ techniques to Ukraine, 3D modeling of gas fields and lateral drilling for 26 wells. The deal between the Ukraine unit of the Texas company and UkrGazVydobuvannya, the Naftogaz production company, is designed to unlock 2 billion cubic meters of gas, the equivalent of 13% of UGV’s production last year.
Halliburton Ukraine has signed an initial agreement for a $100 million deal with Naftogaz
