Using new German and Chinese drilling rigs, Ukrgazviboduvannya, the nation’s largest oil and gas producer, plans to increase drilling volumes by two thirds in 2019
Monday, December 3, 2018

Using new German and Chinese drilling rigs, Ukrgazviboduvannya, the nation’s largest oil and gas producer, plans to increase drilling volumes by two thirds in 2019

Using new German and Chinese drilling rigs, Ukrgazviboduvannya, the nation’s largest oil and gas producer, plans to increase drilling volumes by two thirds in 2019, a record jump for the state energy company. Next year, UGV plans to drill 524,000 meters, more than double the 2017 level, Michael Paduchak, head of drilling for UGV, said Friday at the company’s Technology Day in Kyiv. A unit of Naftogaz, UGV aims to produce 20 billion cubic meters of gas in 2020, 22% more than this year’s forecast level.

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