Hydrocarbon Production

Hydrocarbon Reserves


As of 1 January 2018, the hydrocarbon reserves of С1+С2 categories in gas recovery assets of Smart Energy are estimated as follows: 18,670 billion cubic meters of gas, 2,975 million tonnes of condensate. In addition, prospective resources of gas and condensate amount to 5,033 billion cubic meters and 815 thousand tonnes respectively.


Hydrocarbon reserves. National Register as of 1 January 2018

С1

С1+С2

С3

Gas, bcm

6,100

18,670

5,033

Condensate, million tonnes

1,806

2,975

0,815

Total, million, bbl o.e.

54,092

143,348

39,080


Hydrocarbon Production


As of 1 January 2018, the total accumulated volume of gas production at the fields of the Smart Energy Group exceeded 3,487 billion cubic meters. The same indicator for gas condensate is 471 thousand tonnes.


With the 2017 gas production indicator being more than 226 million cubic meters, Smart Energy Group is one of the top private gas production groups in Ukraine.


Since 2011, annual gas production volumes have been increasing, showing a positive trend.




Liquefied Petroleum Gas Production


In December 2013, one of Smart Energy companies, namely Representative Office of Regal Petroleum Corporation Limited, started production of the liquefied petroleum gas. For 10 months of operation it produced 4,644 thousand tonnes of marketable product.