Hydrocarbon production - SmartHolding

Hydrocarbon production

The portfolio of gas production assets of Smart Holding Group (Cyprus) is represented by Enwell Energy plc (UK), the Representative Office of Regal Petroleum Corporation Limited (Ukraine), Arkona Gas-Energy (Ukraine), Prom-Energo Product (Ukraine), and Ukrgazvydobutok PJSC (Ukraine).

Companies of Smart Energy produce hydrocarbons at five gas fields in Ukraine: Mekhedivsko-Golotovshchinske, Svyrydivske, Svystunkivsko-Chervonolutske gas condensate fields (Poltava region, Ukraine), as well as at Vasyshchivske and Ostroverkhivske gas and condensate fields (Kharkiv region, Ukraine).

As of the beginning of 2021, hydrocarbon reserves for these fields in categories С₁+С₂ are estimated to be as follows: 22.2 billion m³ of gas, and 3.7 million tons of condensate.

Prospective resources of gas and condensate amount to 4.6 billion m³ and 768,000 tons, respectively.

SMART ENERGY

News See all

12.01.26

Why Cyprus' EU presidency is important for Ukraine's future

Andreas Sophocleus, trust manager of Smart Holding and founder of the Kepaky charitable foundation, emphasizes that investors are ready to work in Ukraine, invest and create jobs even during the war. But they need something that no company can provide on its own — political and regulatory stability. And this must be implemented already, and not wait for better times.

18.12.25

The State Budget of Ukraine Received 41% Less Taxes from Smart Holding in the First 9 Months of 2025

As of January–September 2025, the Group’s companies paid 543 million UAH in taxes, which is 41% less than in the same period last year (915 million UAH). This reduction occurred, among other reasons, due to increased government pressure and the blocking of gas production assets of the publicly listed British company Enwell Energy.

17.11.25

Ukraine imports gas, while blocking its own fields

Ukraine has gas, but cannot produce it. Not because of the war. Not because of missiles. Due to the decisions of state bodies.