Production

  • British Regal Petroleum changed its name and launched new website

    Public British Company Regal Petroleum plc (a part of Smart Energy) that produces hydrocarbons on the territory of Ukraine, completed the procedure of its name change. Starting from May 29 the company is operating under the name of Enwell Energy plc.

  • Regal Petroleum plc becomes Energy Enwell plc

    Public British Company Regal Petroleum plc (a part of Smart Energy) that produces hydrocarbons on the territory of Ukraine, announces that it is changing its name to Enwell Energy plc. The сompany has filed documentation with Companies House (UK) in order to change the name, which will be effective once Companies House has registered the change and issued a new certificate of incorporation on change of name.

  • Smart Energy Group put a new well on production at Svyrydivske field

    British company Regal Petroleum, a part of Smart Energy, obtained commercial inflow of hydrocarbons from a new development well at Svyrydivske field in Poltava oblast.

  • Smart Energy Group paid UAH 314.8 mln in taxes for Q1, 2020

    For Q1, 2020, Smart Energy Group paid UAH 314.8 mln in taxes, down 38% y-o-y. Although production increase, the subsoil taxes has gone down as well. Totally the companies of the group paid UAH 119.8 mln to the budgets of all levels, down 42% against Q1, 2019.

  • Court case against former head of PrJSC Ukrgazvydobutok is closed

    Kharkiv District Court closed criminal proceedings on charges of Vadym Mokhov, the former head of PrJSC Ukrgazvydobutok of allegedly illegal production of hydrocarbons and abuse of authority. The court made such decision since the prosecutor dropped the charges entirely. The ruling comes into force on April 23rd, 2020.

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

    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

    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.

  • Termination of Memorandum for acquisition of Odesa assets

    British company Regal Petroleum, a part of Smart Energy, announces that the Memorandum of Understanding for the potential acquisition of PJSC Science and Production Concern Ukrnaftinvest has expired and is consequently terminated.

  • British Regal Petroleum expands its presence in Poltava oblast

    British company Regal Petroleum, a part of Smart Energy (oil and gas business of Smart-Holding Group), announces the expansion of its activities in Poltava region to Svystunkivsko-Chervonolutske field through the acquisition of LLC Arkona Gas-Energy, which holds the licence for it.

  • Smart Energy Group increased hydrocarbons production

    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

    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 (“UNI”), which holds the Belolisky and Alibeysk-Trapivska production licenses in Odessa region.

  • Smart Energy Group started drilling of new well in Poltava region

    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

    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

    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%.