Ukrnafta increased oil production by 0.6% and gas production by 6.5% in 2024

Ukrnafta increased oil production by 0.6% and gas production by 6.5% in 2024

The company’s press service reported that in 2024, Ukrnafta increased oil production to 1.418 million tons and gas production to 1.17 billion cubic meters compared to 2023.

“Ukrnafta increased gas production by 6.5% to 1.170 bcm compared to 1.097 bcm. Oil production grew by 0.6% to 1.418 million tons compared to 1.410 million tons,” the statement said.

In general, when converted to oil equivalent, the company increased production by 3% last year.

“In total, this is an additional 70.5 thousand tons of hydrocarbons – 2.42 million tons in 2024 compared to 2.35 million tons in 2023,” Ukrnafta stated.

In 2025, the company plans to continue drilling new wells and upgrading equipment.

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