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Ukrnafta implements 100+ API standards, adopts global best practices – CEO

Since coming under state control, JSC Ukrnafta has implemented more than 100 American Petroleum Institute (API) standards in its production operations, which has significantly improved performance and, for certain types of equipment, tripled the time between overhauls, the company’s Chairman of the Board Bohdan Kukura said.

Ukrnafta implements 100+ API standards, adopts global best practices – CEO

Since becoming state-controlled, JSC Ukrnafta has adopted over 100 API standards in its production operations, significantly enhancing performance. For certain types of equipment, this has tripled the time between overhauls. The company sources equipment from global manufacturers following API standards, including Germany, the United States, and Saudi Arabia.

Examples include electric submersible pumps used in oil wells. Overhauls, which once took 200 days, now average 500-600 days, with foreign-made equipment reaching over 700 days. This reduction in downtime boosts production and offsets additional purchase costs.

Prior to state control, Ukrnafta utilized old Russian or Soviet equipment. Kukura, Ukrnafta’s Chairman of the Board, noted the transition to Mercedes-Benz vehicles, improving overall efficiency. The company also automates automation, partnering with Weatherford to implement liquid chemical dosing systems. These units, over 100 in total, are programmable and partially solar-powered, installed at wellheads.

Remote control of pumpjack operations is also being integrated, allowing remote personnel to monitor and adjust them online.

Ukrnafta plans to stick to these best standards and practices. Kukura expressed satisfaction with employee understanding and adaptation to high-quality equipment. The company's 2023 drilling plan anticipates 15 wells, potentially raising this number due to the successful balanced drilling program. So far, 11 wells have been drilled, including collaborations with Ukrgasvydobuvannia.

Three high-flow-rate wells, 4.5 to 5.6 km deep, were jointly drilled, aided by the company's allocation of an additional UAH 2.5 billion to protect equipment amidst Russian shelling.

Written by urgent.news from Interfax-Ukraine's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at en.interfax.com.ua →

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