Novo-Skhidnytske is a producing conventional oil field located onshore Ukraine and is operated by Ukrnafta. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Novo-Skhidnytske. Buy the profile here.

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Field participation details

The field is owned by Naftogaz of Ukraine.

Production from Novo-Skhidnytske

The Novo-Skhidnytske conventional oil field recovered 43.92% of its total recoverable reserves, with peak production expected in 2026. Based on economic assumptions, production will continue until the field reaches its economic limit in 2058.

About Ukrnafta

Ukrnafta (Ukrnafta), a subsidiary of Naftogaz of Ukraine, is an oil and natural gas extracting company. It carries out in the sale of liquefied petroleum gas (LPG) and light fraction. Ukrnafta owns drilling divisions. The company’s extraction takes place into two forms: Oil and Gas. The company owns a regional production unit which includes Okhtyrkanaftogaz, Chernigovneftegaz, Poltavanaftogaz, Dolynanaftogas, Nadvirnanaftogaz, and Boryslavnaftogaz; gas processing plants which includes Gnidyntsi, Kachanivka, and Dolyna; drilling Units including Okhtyrka, Prykarpattia and Pryluky; and a large number of other oilfield units. Ukrnafta is headquartered in Kyiv, Ukraine.

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This content was updated on 6 November 2024

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This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.