Gas Fill
Gas Fill How to fill gas on the car at home? Is there is any pump operate by using Car battery? I convert my car fuel into gas. But in my area there is no filling stations available I want to tr...
Gas Fill
Oıl and Gas Companıes ın Ukraıne - Mınor to mdeıum Sızed company regıme - no major ınternatıonal player there yet
Players ?n O?l and Gas Explorat?on act?v?t?es ?n Ukra?ne
Ukraine, being a net importer of energy, is well endowed with its own resources. Ukraine's oil and gas reserves are estimated at the level of 2,3 billion barrels of oil equivalent, with natural gas contributing 87% of the total. Ukraine's gas reserves account for 0,6% of total world proven gas reserves and 0,2% of oil reserves.
Ukraine`s hydrocarbon resources are estimated at 7-8 billion tons of fuel equivalent. Average annual oil and gas production amounts to 18 billion cubic meters of natural gas and 4 million tons of crude oil and covers 25 % of the demand for natural gas and 13 % of the demand for crude oil in Ukraine. Crude oil and natural gas are imported primarily from Russia, or through Russia from Turkmenistan (natural gas) and Kazakhstan (crude oil). Oil and gas make up to 60 % of the primary fuel consumption in Ukraine, including 40 % natural gas and 20 % oil.
Several major ?nternat?onal o?l and gas compan?es have ex?ted th?s country for var?ous reasons. But st?ll there are some med?um to small s?zed compan?es left ?n Ukra?ne. Most compan?es have bought themselves ?nto product?on assets w?th potent?al for brown f?eld explorat?on opportun?t?es. Some compan?es have expanded the?r explorat?on efforts to ma?nta?n and to expand the?r proven resources w?th?n the country.
Compan?es l?ke. Totalö ExxonMob?l. Shell and other majors l?ke Chevron. W?ntershall and OMW have all tr?ed to venture Ukra?ne o?l and gas product?on and explorat?on. W?thout any success. It ?s not the lack of opportun?t?es g?ven by mother nature. As geolog?sts have found several good opportun?t?es both onshore and offshore. However the pol?t?cal reg?me and the bus?ness env?ronment has not been ?n favour of these compan?es. And they have ex?ted the country.
Up to 250 enterprises of various types of ownership operate in the oil and gas sector: in exploration, production, refining or pipelines. The largest companies are subsidiaries of stateowned holding company Naftogaz Ukrainy.
Compan?es left ?n the country pursu??ng product?on and explorat?on opportun?t?es are a m?x from var?ous countr?es around the world as well as some domest?c players.
Naftogaz`s subsidiary Ukrgazvydobuvannya and subordinate companies Ukrnafta and Chornomornaftogaz produce 97% of domestic natural gas and 96% of domestic crude oil and condensate. Chornomornaftogaz extracts oil and gas in Crimea on the Black and Azov Sea shelves, while Ukrgazvydobuvannia and Ukrnafta operate on land. Ukrnafta itself, a 50% state-owned company, is the largest oil producer in Ukraine (94% of domestic oil production.) Despite the high level of state control, there is a number of successfully operating international companies in oil and gas extraction. They are mostly working in joint ventures or under joint activity agreements with Ukrnafta or with Naftogaz`s subsidiaries. The Law on Production Sharing Agreements and the Oil & Gas Law were intended to simplify the procedure of obtaining licenses for oil & gas exploration and extraction and provide additional guaranties for the investors.
Cap?tal O?l (Swed?sh)
V?kO?l (Ukra?n?an)
Cadogan (UK)
Hunt O?l (U.S.A)
Vanco (U.S.A)
Name not ava?lable at t?me of wr?t?ng art?cle (Norway)
Cardinal Resources plc (UK)
JKX Oil & Gas plc (UK)
Nostra Terra Oil and Gas Company plc (UK)
Regal Petroleum plc (UK)
TNK-BP Holding (Russ?a)
Ukrnafta VAT (Ukra?ne)
Ukrgazbydobuvannya Affiliated Company (Ukra?ne)
Naftogaz of Ukraine NJSC (Ukra?ne)
Shebelinkagazvydobuvannya (Ukra?ne)
Poltavgazvydobuvannya (Ukra?ne)
Kharkivgazvydobuvannya (Ukra?ne)
L'vivgazvydobuvannya (Ukra?ne)
Kuwa?t Energy (Kuwa?t) – Asset was prev?ously owned by Card?nal Energy Ltd (UK)
RAO Gazprom (Russ?a)
TNK (Russ?a)
Lukoil (Russ?a)
SlavNeft (Russ?a)
TatNeft (Russ?a)
Gruppa Alliance (Russ?a)
Kazakhoil (Kherson refinery) (Kazakhstan)
Chevron (USA)
USENCO (USA)
JV UkrKarpat Oil (USA)
JV Karpatsky Petroleum Corporation (USA)
Itera International Energy Company USA and Ukra?ne)
Itera-Ukraine (USA and Ukra?ne)
JV Eurogas (USA and Germany)
CanArgo Energy (UK)
Poltava Petroeum Company JV (UK)
Europa Oil & Gas Ltd (UK)
Polish Oil &Gas Company (Poland)
JV Plast (Greece-Cyprus)
All?ance O?l Company (Ref?ner?es) (Russ?a)
Ep?c Energy Ltd (Canada)
According to the 2008 gas balance, in the current year, the country will consume 75 bcm of this fuel, with 55 bcm being imported, while 20 bcm is of domestic extraction. The level of annual oil consumption in Ukraine is some 20 million tons with the domestic extraction of some 4.5 million tons of oil and gas condensate.
Ukraine`s hydrocarbon resources are estimated at 7-8 billion tons of fuel equivalent. Average annual oil and gas production amounts to 18 billion cubic meters of natural gas and 4 million tons of crude oil and covers 25 % of the demand for natural gas and 13 % of the demand for crude oil in Ukraine. Crude oil and natural gas are imported primarily from Russia, or through Russia from Turkmenistan (natural gas) and Kazakhstan (crude oil). Oil and gas make up to 60 % of the primary fuel consumption in Ukraine, including 40 % natural gas and 20 % oil.
There are three petroliferous regions in Ukraine: in the west (the Carpathian region), in the east (the Dnipro-Donetsk region) and in the south (the Black Sea - Azov Sea region). The Dnipro-Donetsk basin is a major producing region of Ukraine accounting for 90% of Ukrainian production from over 120 oil and gas fields. The cumulative production from the basin is estimated at over 52 trillion cubic feet of gas and 1,3 billion barrels of oil. Over 3,000 wells have been drilled in the basin to date. The basin holds potential for deep gas exploration (deeper than 3.8km). The Carpathian basin is relatively large - over 700 million barrels of oil and 8 trillion cubic feet of natural gas. The Carpathian foredeep has been explored to depths of 4.0km to 4.5km. Despite the extensive activities, deeper parts of the basin offer very good potential for further exploration. The Black Sea - Azov Sea basin is predominantly gas-prone and includes natural gas fields. The Ukrainian part of the Black Sea shelf may have substantial oil and gas reserves, with mild weather and maximum water depth of 100 m. The hydrocarbon potential of the Ukrainian Black Sea shelf is substantial and it has been inefficiently explored, i.e. large structures in deeper waters have been bypassed due to the lack of offshore technology during Soviet times.
Amongst oil industry specialists working in Ukraine there is a widespread belief that, in spite of the challenges, the benefits both for investors and for the country from successful oil and gas exploration/production projects are potentially very substantial. Currently a great deal of work is being done in Ukraine by many dedicated individuals in government and in state organisations to maintain and extend the improvements in the legal, fiscal and business regimes. Such effort is now
being rewarded by a steadily improving climate for upstream investment. As a result the future for Ukraine’s oil and gas sector is now brighter than at any time previously.
About the Author
He has a background as civil engineer and geoscientist. He has worked mainly within the oil and gas industry from the mid 1980s. He has written a few fictional novels as well as being the author of some professional litterature within oil and gas sector, he is now an editor of some web sites.