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Novinsky company plans to drill five wells in Poltava region
01/16/2020
Representation of the British oil and gas company Regal Petroleum plc. with assets in Ukraine Regal Petroleum Corporation LTD plans to drill five new exploration wells at the Sviridovsky (SV) gas condensate field (Poltava region)
About it writes Interfax-Ukraine with reference to the data of the Unified register of environmental impact assessment (ATS).
In particular, we are talking about drilling # 4-bis, 22, 26, 29, 31.
In addition, it is planned to drill the side barrel at well # 53.
Design depth of wells ?4-bis is 5.95 thousand m, ?29 - 5.38 thousand m, depth of wells ?22, ?26, ?31 and ?53 - 5.25 thousand m.
Expected volumes of gas production for each of the wells are up to 90 thousand cubic meters. m of natural gas per day.
It is planned to use a diesel powered drilling rig up to 7000 kW for drilling.
Regal Petroleum plc operates in Ukraine through the Regal Petroleum Corporation Limited Representative Office in Poltava Oblast and Prom-Energo Product LLC in the Kharkiv Oblast. The companies are part of the Smart Energy group, which is part of Vadim Novinsky's Smart Holding. The Smart Energy oil and gas sector, in addition to Regal Petroleum assets, is represented by the gas extraction company Ukrgasvizobotok (Kharkiv region).
Earlier it was reported that Novinsky increased its daily average hydrocarbon production by 25.7%.
OilPoint also wrote that the AMCU allowed Regal Petroleum to buy Ukrnaftinvest.

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