News List


News List:

PPC drilled an oil well

Kyiv, June 11 2019 – JV “Poltava Petroleum Company” (PPC) drilled the oil well NN81 of the Novomykolayivske field and successfully tested it on May 31, 2019. The daily production rate is 21 tons of oil and 4 thousand m3 of gas. The depth of the well is 1975 meters.

This is the third successful new well or sidetrack since the approval of the 5-year field development plan. Besides the new NN81, there were the following successful projects: sidetrack IG 103 and the new well WM3.

PPC  continues to work within the approved plan and drills a new well in the Ignatovskoye field.