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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 10% in the first half of the year
12 July 2021, Ukraine
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DTEK Oil&Gas increased gas production by 10% in the first half of the year
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Production increase became possible thanks to systemic work and introduction of the latest technologies in production. In 2021, the company is carrying out its drilling, workover and stimulation program at base fields in Poltava Region. Over the first half of this year, DTEK Oil&Gas put into operation 2 new wells and carried out workover and stimulation operations at 21 wells of the active well stock.
To optimize production at Machukhske field (Poltava Region), DTEK Oil&Gas is implementing a large infrastructure project on construction of a modular refrigeration unit. The company will complete construction in the fourth quarter of this year.
DTEK Oil&Gas also started geological exploration and office studies of new areas – Budyshchansko-Chutivska and Zinkivska areas, which got added to the company’s asset portfolio in 2020.
«Thanks to systemic investments and introduction of innovative technologies, DTEK Oil&Gas is consistently building up gas production. Having increased production by over 10% in the first half-year, we are demonstrating our contribution to the achievement of the energy independence of Ukraine not in words, but in deeds», said Igor Shchurov, CEO of DTEK Oil&Gas.
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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