DTEK Oil&Gas produced 1.5 bcm of natural gas additionally as a result of new technologies’ implementation

In 2018, the company established a Technology Center for a systematic search, adaptation and implementation of the latest technologies. Among the modern technologies, that are used by the company, is 3D geomechanical modeling and creation of digital twins; leading approaches in well survey, such as Walkaway and Offset VSP, modern technologies in deep drilling, gas production and treatment.

Now DTEK Oil&Gas moved on to the formation of a technological ecosystem that will become a driver for the development of the company and Ukrainian gas production industry as a whole. The core of such an ecosystem is the DTEK’s Oil&Gas Technology Hub. It is a platform for new local and international partnerships, an entry point for attracting the latest oil and gas technologies, which were previously unavailable in the country. Within the framework of Technology Hub, it is planned to work on technologies for the extraction of hard-to-recover resources and increase the life cycle of deposits, to look for opportunities for business diversification in accordance with global trends in decarbonization and Green Deal.

DTEK Oil&Gas’s CEO Igor Shchurov noted that DTEK Oil&Gas, being a technological and innovative market leader, has become a benchmark for private and state oil and gas companies in Ukraine.

“Technological evolution, development of an innovation culture and consistent transformation will allow us to achieve the strategic goals of the company, make DTEK Oil&Gas the center of technological development for the entire oil and gas industry of Ukraine. Improving the technological effectiveness of the industry is the most important component of achieving the country's energy independence”, - stressed Igor Shchurov.