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Since the company’s founding 20 years ago, DTEK has grown into a national energy leader. Today we are transforming into a pan-European clean energy business.
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DTEK Oil&Gas increased gas production by 11% for three quarters of 2021
12 October 2021, Ukraine
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DTEK Oil&Gas increased gas production by 11% for three quarters of 2021
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The company increased production thanks to successful drilling, work-over and intensification of wells at fields in Poltava Region. For instance, on September 12, DTEK Oil&Gas brought into production well No.58 of Machukhske field. The well which is 5360 m deep was drilled within 97,5 days what is record-setting for Ukraine. The well output equals to 300 thousand cub. m per day. In 2021, the company has finished drilling of 4 wells.
Production increase and record-setting drilling period became possible due to use of top-of-the-line equipment and introduction of the latest technologies in production.
Igor Shchurov, CEO of DTEK Oil&Gas said: «Due to systemic introduction of technologies, DTEK Oil&Gas demonstrates a record-setting drilling speed and continuously high production performance for gas. The company attracts the latest technologies to Ukraine and contributes, thereafter, to development of the entire oil and gas industry of Ukraine. Investment in the industry is a key task to strengthen energy security of the country. Thus, business counts on legislation stability and stimulating tools as a support from the state».
DTEK Group is the largest private investor in Ukraine’s energy sector, with 55,000 employees and over €12 billion of capital invested since 2005.
Our businesses generate electricity at wind, solar and thermal power plants; distribute and supply power to end consumers; extract natural gas and coal; trade energy resources on Ukrainian and foreign markets; and provide domestic and commercial energy services.
Over the last 20 years, DTEK has grown into a national energy leader and is today transforming into a pan-European clean energy business.
Since the full-scale invasion of Ukraine in 2022, DTEK Group has restored power to millions of consumers across regions affected by hostilities.
DTEK Group is 100% owned by SCM Holdings. The ultimate beneficiary and sole shareholder is Rinat Akhmetov, a businessman and philanthropist.
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