PJSC Ukrnafta reported production results for the month of January 2016 and for the year 2015. For the year, the company reported production of oil and a gas condensate amounted to 1,671 million tonnes, which is 11.5% less relative to 2014. Gas production amounted to 1,502 billion cubic metres, which is 13.5% less relative to 2014. The company reported oil production of 157,736,000 tonnes against 176,277,000 a year ago. Condensate production was 9,330,000 tonnes against 12,498,000 tonnes a year ago. The main reason for production volumes being lower is natural decline of field productivity coupled with a low level of investment in drilling new wells and capital workovers.

For the month, the company reported oil production of 12,330,000 tonnes against 12,065,000 a year ago. Condensate production was 645,000 tonnes against 566,000 tonnes a year ago. Oil and condensate production was 12,975,000 tonnes against 12,631,000 tonnes a year ago. Gas production was 449.48 million m³ against 453.24 million m³ a year ago.