BURISMA GROUP COMMISSIONS THREE NEW WELLS IN UKRAINE

July 10, 2019

Burisma Group’s operating companies commissioned well No. 38 at Karaykozivske field, as well as wells No. 5 and No. 7 at Vodyanivske field. The depth of two of these three wells exceeds 6 thousand meters, which makes them of one of the deepest not only among those in the Group’s portfolio, but also among those owned by other gas companies in Ukraine.
The Group used U.S. pitless drilling equipment with complete waste disposal. This allowed to successfully drill wells to the designed depth a lot sooner than planned. According to Burisma Group CEO Taras Burdeyniy, the drilling of each well was completed within 6 months.
“The depth of well No. 38 at Karaykozivske field is 5,250 m, and its daily indicators exceeded our expectations, yielding 200 thousand gas and 100 cubic meters of condensate. Wells ?5 and ?7 at Vodyanivske field are 6,210 and 6,520 meters, respectively. We used pitless drilling equipment, in particular, SK2000 and SK3000 units. From each well of Vodyanivske field we are expecting to get even better results,” says Taras Burdeinyi.
According to the investment plan, in February 2019, Burisma Group began drilling well No. 3 at Vodyanivske field. In total, the Group is planning to drill 18 wells by the end of the year. Burisma Group also started the reconstruction of the integrated gas treatment unit (GTU) at Vodyanivske field, which will increase the daily volumes of natural gas from current 500-600 thousand to 3 million cubic meters. Reconstruction will cost circa UAH 160 million.
The Karaykozivske and Vodyanivske fields are located in the Kharkiv region in northeast Ukraine.
Burisma Group is an energy exploration and production company operating in the Ukrainian oil and gas market since 2002. The head office is in Limassol, Cyprus.
(Source and image: Burisma/Burisma rig site in Kharkiv region)