Oil & Gas business block of Smart Energy is represented by gas producing Ukrgazvydobutok (Kharkov region) and Regal Petroleum, a listed British company having assets in Poltava and Kharkov regions (Prom-Energo Product).
Ukrgazvydobutok PJSC (part of Smart Energy Group) commissioned a new appraisal-development well No 28 at Ostroverhivske gas-condensate field in Kharkiv region. Well depth is 4,620 m. The drilling was successfully completed in April 2018. During project execution Smart Energy technical team developed and successfully implemented the series of latest technical solutions in relation to the well design, perforation and re-perforation as well as testing of the pay zone. They were aimed at preserving producing reservoir properties. A number of technical solutions was implemented for the first time in Ukraine. According to CEO of Smart Energy Group Sergii Glazunov: «The well successfully delivered its geological target. The gas was produced from deeper Visean sands, which are new object for this field. Also due to the usage of new advanced perforation technology we managed to get gas inflow higher than expected». As a reminder, in 2017 comparing to 2016 Smart Energy increased its natural gas inflow by 8.5% from 208.4 mln m3 to 226.3 mln m3 . It has become possible due to commissioning of new wells, in particular well No 109 of MEX-GOL field (Poltava region). At the moment well No 10 of Vasyshevo field (Kharkiv region) is under drilling.
Smart Energy is a part of Smart-Holding in charge of implementing exploration projects, commercial development of the hydrocarbon deposits and alternative energy initiatives.