27.05.2022

The cost of natural gas on European hubs (Day-ahead):

TTF – 81.85 EUR/MWh ($928) (+1.4%)

THE – 81.73 EUR/MWh ($910) (+1.3%)

CEGH – 85.47 EUR/MWh ($969) (+0.5%)

PEG – 74.39 EUR/MWh ($843) (-3.3%)

The cost of natural gas on European hubs (Futures month June):

TTF – 86.28 EUR/MWh ($979) (-1.7%)

THE – 86.43 EUR/MWh ($981) (-1.7%)

CEGH – 89.78 EUR/MWh ($1019) (-1.6%)

PEG – 78.28 EUR/MWh ($888) (-3.1%)

Smart Energy launched well #25 at Svyrydivske field

25/02/21

Enwell Energy, a part of Smart Energy, launched well #25 at Svyrydivske field (Poltava region).

Well #25 is an appraisal well, with its primary targets being B-20, B-22 and B-23 horizons in the Visean formation. During this testing, strong gas and condensate flows were recorded, and, accordingly, the well has been hooked-up to the gas processing facilities to allow longer-term production testing to be conducted to optimise the operating parameters of the well. Currently, the well is producing at a stabilised flow rate of approximately 55 thousand m3/day of gas and 13 t/day of condensate.

"While testing we have been studying the work of well, using different modes. The current mode is defined as the most efficient. And today the daily production rate from this well already helps us to support the positive production dynamics," commented Victor Dudzych, CTO of Smart Energy Group.

The final depth of a new well, being spudded in July of 2020, made up 5,320 m. It was launched ahead of schedule.

Earlier, on February 23 this year the British company spudded well #29 and in May last year it hooked-up well #54 at Svyrydivske gas and condensate field either.

Source: https://bit.ly/3j4haLF

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