PJSC Ukrnafta plans to attract partners to conduct well overhauls and intensify production, the company’s press service has reported.
“The company offered potential partners 30 prospective wells in 16 fields for overhauls, hydraulic fracturing operations and drilling of sidetracks. The planned scope of work is estimated at $31 million. Cooperation will be built on the basis of service contracts with risk allocation,” the report says.
Ukrnafta expects that investors will provide financial resources and technical expertise, while reward for them will be part of additional profit received due to increased volumes of hydrocarbon production, while the wells and extracted raw materials will remain in the ownership of Ukrnafta.
