British company Regal Petroleum, a part of Smart Energy, obtained commercial inflow of hydrocarbons from a new development well at Svyrydivske field in Poltava oblast.
Well SV #54 that was spudded in October 2019 has already obtained the commercial inflow of natural gas and gas condensate at the level of 80 Km3/day and 5 t/day respectively. Currently, the well testing is undertaken, while it is hooked-up to the gas processing facilities.
The final depth of the well is 5,322 m. The company gets commercial inflow from B-23 reservoir of the prospective horizon in the Visean formation.
«Modern technologies of well drilling and casing, unique technical solutions, applied while development and testing of well #54, enabled to minimize the negative influence on productive reservoirs, retain their fluid loss properties, obtain strong hydrocarbons flow and put a well on production ahead of schedule,” Viktor Dudzych, CTO of Smart Energy Group, commented.
Earlier, in 4Q, 2019, Smart Energy Group put well #119 on operation at Mekhedivsko-Golotovshchynske field in Poltava oblast. Currently, its average daily production rate is 140 Km3/day for gas and 25 t/day for gas condensate.
Regal Petroleum plc is a British AIM-quoted public company, operating in Ukraine through the Representative Office of Regal Petroleum Corporation Limited and LLC Arkona Gas-Energy in Poltava region, as well as LLC Prom-Energo Product in Kharkiv region. The companies own special license for production of hydrocarbons and are part of Smart Energy Group.
Whereas, Smart Energy Group is a part of Smart-Holding, in charge of implementing exploration projects and commercial development of the hydrocarbon deposits.
In addition to assets of Regal Petroleum, Oil & Gas business block of Smart Energy is represented by gas producing Ukrgazvydobutok (Kharkiv region).