In 9 months of 2021, PrJSC MC Ukrnaftoburinnya produced 529.1 million m3 of natural gas, which is 5% less than in the same period of the previous year (555.5 million m3). The volume of oil/condensate production decreased by 6% compared to the same period of 2020 and amounted to 58.3 thousand tonnes compared to 62.3 thousand tonnes.



Gas
million m3

Gas
million m3

%
Oil/condensate, thousand tonnes
Oil/condensate, thousand tonnes
%

9 months of 2020
9 months of 2020

9 months of 2021
9 months of 2021

UNB
529,1
555,5
-5%
58,3
62,3
-6%
Sakhalin field
603,0
646,1
-7%
61,5
66,3
-7%

In total, gas production at the Sakhalin field for 9 months of 2021 amounted to 603 million m3, and oil/condensate production -61.5 thousand tonnes.

In September 2021, PrJSC MC Ukrnaftoburinnya produced 57.7 million m3 of natural gas and 6.4 thousand tonnes of oil/condensate, which is the same as in the same period of 2020.

"UNB continues to focus on maintaining the production level of existing wells and operational efficiency. The forced reduction of investments in the crisis year of 2020 undoubtedly affected the dynamics of our production performance. While in 2019 the company completed 5 new wells, in 2020 it completed none. Today, we are doing everything possible to implement the plans and initiatives that were postponed: in April this year, we successfully completed a new well and plan to drill another one, workover seven wells, and started the construction of a booster compressor station at the Sakhalin field,"


commented Mykhailo Bakunenko, Chairman of the Executive Board of PrJSC MC Ukrnaftoburinnya.