Enwell Energy spuds new well at Svyrydivske field

Enwell Energy spuds new well at Svyrydivske field
British Company Enwell Energy plc, a part of Smart Energy, started to drill well #25 at Svyrydivske field (Poltava region).

Drilling operations are scheduled to be completed by Q1, 2021. The well has a target depth of 5,320 m. Well #25 is a development well with its primary targets being the B-20, B-22 and B-23 horizons in the Visean formation. In case of successful testing, production hook-up is expected during Q2, 2021.

Earlier, this year, the British company has already put well #54 on production, at Svyrydivske field (Poltava region) as well. At the same time, at Vasyshchivske field (Kharkiv region), planning is continuing for a new well to explore the Vvdenska prospect. The company is also getting ready to spud the first well at Svystunkivsko-Chervonolutske field (Poltava region).


Reference

Enwell Energy plc (ex-Regal Petroleum plc) is a British AIM-quoted public company, holding 100% working interests in the companies that operate in Ukraine: Regal Petroleum Corporation Limited (the Representative Office is registered in Ukraine) and Arkona Gas-Energy LLC that are operating in Poltava region as well as Prom-Energo Produkt LLC, working in Kharkiv region. The companies own special license for production of hydrocarbons and are part Smart Energy Group.

Whereas, Smart Energy Group is a part of Smart-Holding, in charge of implementing exploration projects and commercial development of the hydrocarbon deposits.

In addition to assets of Regal Petroleum, Oil & Gas business block of Smart Energy is represented by gas producing Ukrgazvydobutok (Kharkiv region).
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