ExxonMobil reports strong gas potential offshore Ukraine

Offshore staff

HOUSTON – Ukraine’s offshore and continental gas reserves could deliver 45 bcm/yr (1.6 tcf/yr) of production by 2020, according to ExxonMobil.

European Exploration Director Kevin Biddle, speaking to kommersant.ua, said his company is interested in expanding its interests in the country.

Currently, ExxonMobil is preparing to explore the deepwater gas field Skifske in the Black Sea. It already has 2D seismic data over the field and plans further evaluation based on 3D seismic.

Last August, the company and Shell, OMV Petrom, and Ukrainian state company Nadra won joint rights to develop underwater deposits at the site.

Skifske is adjacent to the Romanian deepwater Neptun block, currently under exploration by ExxonMobil and OMV Petrom. Gas reserves from the Domino discovery could be in the 42-84 bcm (1.5-3 tcf) range.


Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...