Ukrnafta reduced oil and condensate production in January

Average daily hydrocarbon production in January amounted to 3.99 thousand tons of oil and condensate and 2.94 million m3 of gas.

Smart Energy launched well #25 at Svyrydivske field

Currently, the well is producing at a stabilised flow rate of approximately 55 thousand m3/day of gas and 13 t/day of condensate.

Brent price surpassed $61 per barrel

Brent price surpassed $61 per barrel.

Biden plans on limiting oil drilling in US federal states

About 25% of the oil in the United States is produced on the federal lands.

Naftogaz discovered a new gas condensate field in Poltava region

A new exploration well confirmed the presence of gas deposits in the Pearl area at a depth of 6150 m.

Oil production in the United States will decrease to 7.44 million barrels per day

The largest drop is predicted for projects in the Permian Basin.