DTEK16 July 2018

DTEK Oil&Gas started drilling of the well #61 at the Semyrenkivske gas and condensate field in Poltavska region, Ukraine. The well is directional and has exploratory purposes. The measured depth is 5,492 m with departure from the vertical of 370 m.

Several international companies are involved in the drilling project. They use modern drilling equipment, including Drillmec 1500 HP drilling rig manufactured in 2014, NOV drill bits and other supporting equipment. Drilling is conducted by Belorusneft, the drilling of directional slot is performed by Schlumberger using rotary steerable systems.

The company uses pitless drilling method that meets international ecological standards.

In June 2018, DTEK Oil&Gas successfully finished drilling of the well #25 with a daily production rate of 286 thousand cubic meters of natural gas and continues drilling of the well #43 at the Semyrenkivske field.

DTEK Oil&Gas CEO Igor Schurov: "Each new well of DTEK Oil&Gas is a new step towards increasing gas production and achieving energy independence of Ukraine. However, our company does not only increase drilling operations, but also maximizes effectiveness of reservoir development. Therefore, we use apply innovation technologies, use modern equipment and cooperate with large international companies. This helps us to increase production and natural gas reserves".

Reference

DTEKis a strategic holding company that develops business in the energy sector. DTEK's companies employ 73 thousand people.Maxim Timchenkois the Chief Executive Officer of DTEK.
DTEK companies produce coal and natural gas, generate electric power at the fossil-fuel fired power plants and renewable energy power plants, supply thermal and electric power to end consumers, and provide energy services. The operating companies directly manage production companies in each of the business streams.
DTEK's production indicators for 2017: the company has produced 27.7 mn tonnes of coal, 1.655 bcm of natural gas, generated (supplied) 37.1 bn kWh of electric power, of which 637.8 mn kWh have been provided by the renewable energy sources; and transmitted 43.2 bn kWh of electric power via the grid.
DTEK is a part of the financial and industrial group System Capital Management (SCM). The shareholder of the group is Rinat Akhmetov.
For more information, visit:
https://dtek.com/en/
To learn about social partnership projects being implemented in the cities of DTEK activity, and to get a detailed report on the status of their implementation, please visit
https://dtek.com/en/sustainable_development/

Corporate Communications Department
DTEK
Tel.: +38 (044) 581 45 35
+38 (044) 581 45 70
E-mail:
pr@dtek.com
www.dtek.com

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DTEK Zakhidenergo PAT published this content on 20 July 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 20 July 2018 07:52:04 UTC