DTEK Oil & Gas, responsible for the oil and gas division of DTEK Group, plans to drill five deep wells in 2020 and reach gas production of 2 billion cubic meters (bcm) by 2021, the company’s press service has reported.
“In 2020, we plan to build five new wells and in the near future to develop depths of more than 7 km,” the press service said, citing Extraction and Processing Director Oleksiy Raptanov as saying.
Last year, DTEK Oil & Gas reduced the construction time for wells with a depth of more than 5,500 0 meters to three and a half months, contracted the SK-3000 drilling rig, which allows drilling to a depth of 10 km, and also launched a new drilling program at the Machukhske field.
In addition, the company announced the creation of a technology center for systematic search, adaptation and implementation of modern technologies in its structure, the formation of an expert council with the involvement of international experts to increase the efficiency of production and business processes.
“All this will help DTEK Oil & Gas to reach a renewed momentum and increase production to 2 billion cubic meters by 2021,” Raptanov said.