12:34 11.10.2024

Ukrnafta replaces old pumps with modern ones to increase production efficiency

2 min read
Ukrnafta replaces old pumps with modern ones to increase production efficiency
Photo: https://www.facebook.com/sergii.koretskyi.page

PJSC Ukrnafta is replacing outdated electric center and sucker rod pumps with modern ones according to the American Petroleum Institute (API) standards to more efficiently extract resources from brownfields, the company's director Serhiy Koretsky reported on Facebook.

According to him, this involves replacing the entire equipment complex, including a column of tubing and high-temperature cable.

Some 117 electric centrifugal pump units are already operating at wells, in particular, 83 are manufactured by Oil Dynamics, 32 by Baker Hughes, 2 by Al-Khorayef Petroleum Company. Some 12 Weatherford sucker rod pumps have also been installed.

Ukrnafta is Ukraine's largest oil extraction company and operates a national network of filling stations. In March 2024, the company took over the management of Glusco assets, and now operates 545 filling stations – 460 of its own and 85 under management.

The company is implementing a comprehensive program to renew operations and modernize the format of its filling stations. Since February 2023, Ukrnafta has been offering its own fuel vouchers and NAFTA Cards, which are sold to both legal entities and individuals through Ukrnafta-Postach LLC.

The largest shareholder in Ukrnafta is Naftogaz Ukrainy, which holds a 50% plus one share. In November 2022, the General Staff of the Armed Forces of Ukraine decided to transfer the corporate rights of the company, previously owned by private shareholders, to the state. The Ministry of Defense now oversees these shares.

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