Smart Energy Group
Smart Energy Group

The year of coronavirus COVID-19 pandemic and the global economic crisis influenced work of all Smart Energy enterprises. The office staff shifted to the distant work with limited access to the offices, while workers of industrial units were working as three-weeks’ isolated rotation. The Group had also to review its investment programme, approximately by 40% down.

Despite these factors, the companies increased total production of gas by 8.6% (reaching 400.6 mln m3) and of condensate – by 4.8% due to launch of a new well and two successful workovers.
Enwell Energy

In 2020 the British company changed its name Regal Petroleum for Enwell Energy as well as increased its assets in Ukraine through acquisition of 100% of Arkona Gas-Energy. The company has operation licence for Svystunkivsko-Chervonolutske gas and condensate field (Poltava oblast).

In Q1, 2020, compression equipment was installed to increase production from Vasyshchivske field. In May the company launched a new well #54 and then, in July, it spudded a new well #25 with target depth of 5,320 m at Svyrydivske field.

Planning was continuing for a new well to explore the Vvdenska (VED) prospect within the Vasyshchivske licence area.


In spring the company launched wells #61 and #62 after workovers at Ostroverkhivske field. It also completed processing and interpretation of data of 3D-seismic studies that are necessary for well #29 construction at the field.