Romanian Tacrom has conducted 50 hydraulic fracturing operations on the wells of Ukrgazvydobuvannia, which will allow to additionally receive about 1.5 billion cubic meters (bcm) of gas in five years.

According to the company, since January 2017 the company has already received an additional 276 million cubic meters of gas due to Tacrom hydraulic fracturing operations performed on 29 wells.

Ukrgazvydobuvannia estimates additional profit that could be received in five years at $92 million, while the total estimate for the first company's project to intensify production on the operating wells was $6.9 million.

As reported, in 2016 Belorusneft and Romanian Tacrom won the tender of Ukrgazvydobuvannia for implementation of hydraulic fracturing operations. With the help of these contractors it is planned to implement 100 hydraulic fracturing operations during 2016-2017 on the deposits of Shebelynka and Poltava areas at a depth of 2,800-5,000 meters.