News

Smart Energy Group increased average daily gas production by 7.8% in Q1, 2020

15.04.2020

In Q1, 2020, the companies of Smart Energy Group increased the total average daily production rate by 7.8%: from 981 Km3/day up to 1.06 mln m3/day for gas. The average daily production rate for condensate in the group reached nearly 0.1 Ktonnes/day (up 6.3%) for the reported period.

British Regal Petroleum increased hydrocarbons production in 2019

09.04.2020

British company Regal Petroleum, a part of Smart Energy, increased an average daily production of hydrocarbons by 26% up to 4,263 boepd in 2019 from 3,391 boepd in 2018.

Smart Energy Group completed two workovers in Kharkiv oblast

07.04.2020

PrJSC Ukrgazvydobutok, a part of Smart Energy Group, completed successfully two workovers and resumed operation of two wells in Ostroverkhivske field, Kharkiv oblast. The results of workovers enabled the group to increase its average daily production rate up to 75 K m3/day in 2020.

Smart Energy Group increased hydrocarbons production

17.01.2020

In 2019 the companies of Smart Energy Group increased hydrocarbons production. The total production of gas is 24.7% up y-o-y and gas condensate production is 28.7% up y-o-y, due to putting into production new wells and workovers of existing wells.

Regal Petroleum intends to acquire new assets in Odessa region

26.11.2019

British company Regal Petroleum, a part of Smart Energy, has entered into a Memorandum of Understanding for the acquisition of PJSC Science and Production Concern Ukrnaftinvest, which holds the Belolisky and Alibeysk-Trapivska production licenses in Odessa region.

Smart Energy Group started drilling of new well in Poltava region

17.10.2019

British company Regal Petroleum, a part of Smart Energy Group, started drilling of new well No 54 in Svyrydivske field in Poltava region.

Regal Petroleum obtained a stable commercial gas and condensate inflow from new well in Poltava region

09.10.2019

British company Regal Petroleum, a part of Smart Energy, obtained a stable inflow of natural gas and gas condensate from well No 119 Mekhedivsko-Golotovshynske field in Poltava region. At this moment, the well is flowing with average gas flow rate – 140 thous m3/day, condensate – 30 thous m3/day (1070 boepd per day in aggregate).

Regal Petroleum continues ramping up its hydrocarbon production and improving its financial performance

13.09.2019

British company Regal Petroleum, a part of Smart Energy, has increased its aggregate average daily hydrocarbon production by 50% for six months of 2019 compared with the same period last year, whereas company’s revenue has increased by 27%.

Regal Petroleum announced an updated assessment of the reserves at Vasyschyvske field

22.08.2019

Regal Petroleum plc, British public company (a part of Smart Energy Group), announced an updated assessment of reserves at Vasyschyvske gas and condensate field in Kharkiv region. The study estimated considerable increase of 1P and 2P reserves.