Hydrocarbon Production

Hydrocarbon Reserves


As of 1 January 2020, the hydrocarbon reserves of С1+С2 categories in gas recovery assets of Smart Energy are estimated as follows: 22.633 billion cubic meters of gas, 3.722 million tonnes of condensate. In addition, prospective resources of gas and condensate amount to 4.623 billion cubic meters and 768 thousand tonnes respectively.


Hydrocarbon reserves. National Register as of 1 January 2020

С1

С1+С2

С3

Gas, bcm

6.635

22.633

4.623

Condensate, million tonnes

1.866

3.722

0.768

Total, million, bbl o.e.

57.064

172.449

35.289


Hydrocarbon Production


As of 1 January 2020, the total accumulated volume of gas production at the fields of the Smart Energy Group exceeded 4,152 billion cubic meters. The same indicator for gas condensate is 530 thousand tonnes.


With the 2019 gas production indicator being more than 368.8 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. In 2019, 8,424 tons of marketable products were produced.