Regal Petroleum commissioned a well in Poltava region

Main / News /

13.07.18

British company Regal Petroleum that owns gas producing assets in Poltava and Kharkiv regions, and is part of Smart Energy Group, successfully finished work-over and commissioned well No.12 at Svyrydyvske field in Poltava region, as it was stated in the official announcement of the company on London Stock Exchange.

Initial testing of the well resulted in 125 000 m3/day gas flow rate and 40 t/day condensate flow rate.

In course of the work-over two intervals in the Visean formation were perforated at over 5 000 m depth. At the moment the well is being hooked up to the Gas Preparation Plant. After completion of the hook up additional testing will be done in order to define the most appropriate operating parameters of the well.

As previously stated, well No.12 is located at Svyrydyvske field and owned by NJSC Ukrnafta. In November 2017 Regal Petroleum signed a lease agreement with the owner of this facility in order to perform a work-over and operate the well afterwards.

Previous news Tanker Laid Down at Nikolaev Shipyard for Dutch VEKA Company Next news Congratulations on Metallurgists' and Miners' Day

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.

07.11.25

We need to distinguish sanctions against individuals and the work of enterprises operating in Ukraine, paying taxes and supporting energy independence

Today, the Ukrainian energy sector lives between two realities: On the one hand, there is an urgent need for its own gas, on the other hand, there are legal norms that actually stop those who can provide this resource.