PJSC MC "Ukrnaftoburinnya" (UNB) is one of the leading private companies in Ukraine engaged in natural gas and oil/condensate production. Since 2010, PJSC "MC “Ukrnaftoburinnya" has been conducting geological survey and commercial development of hydrocarbons of the Sakhalin oil and gas condensate field, which classified as a medium-size field with a complex geological structure, in Krasnokutsk region of Kharkiv Oblast (northern near edge zone of the Dnieper-Donets Rift). As of the end of 2021, UNB operated 32 gas condensate and oil and gas wells with a depth of 3,800 to 5,750 m and 10 additional gas condensate wells under the terms of the joint activity agreements. The company implements a large-scale program for the development of the Sakhalin field.
In total, from 2010 to 2021:
- over 5.6 billion hryvnias of capital investments;
- 18 new wells drilled;
- 46 workovers of wells made;
- more than 5.5 billion m3 of gas produced at the Sakhalin field.
According to the results of 2021, PJSC MC "Ukrnaftoburinnya" was among top 3 companies by the volume of gas and oil/condensate production.
Within 12 months of 2021, the company achieved the following results:
- In total, gas production at the Sakhalin field amounted to 789.5 million m3, and oil/condensate production amounted to 80.8 thousand tons.
- More than UAH 500 million was invested in capital projects of PJSC "MC “Ukrnaftoburinnya" aimed at effective development of the Sakhalin field.
- After 2020, the crisis year in the industry, the capital investment program was resumed. In April 2021, the drilling of the new well #22, 4,565 m deep, was successfully completed. The initial daily flowrate of the well was 280 thousand m3 of natural gas and 30 tons of condensate. Preparations for drilling the next well were also started.
- Workovers of 9 wells were done. Well #54 was converted from the gas lift method to the pump lift method of operation with setting the bottom-hole pump (BHP) at 3251m depth, which is the biggest BHP running depth in Ukraine. Moreover, at the Sakhalin field, the implementation of a large investment project for the construction of the boosting compressor station began.
- PJSC “MC "Ukrnaftoburinnya" ranks within top 50 taxpayers in Ukraine. As in previous years, the company fulfilled all financial obligations to the state in full and on time. In 2021, the rent paid by PJSC “MC “Ukrnaftoburinnya” for the use of the subsoil resources for the production of oil, natural gas and gas condensate amounted to about UAH 2 billion. In particular, UAH 97.5 million was transferred to local budgets.