Purchase of KRS machines to increase the efficiency of capital repairs by our own forces and expand the operational well fund
Sector
Energy Sector
Stream
Development and production of gas and oil
Project Status
Preliminary Investment Feasibility Study
Entry into Portfolio
State level of SPP
Investment Feasibility Study
Implementation
Completion
- Preparation
- General information
- Strategic Case
- Economic Case
- Financial Case
- Management Case
General information
Description of the project
The project involves the purchase of 30 new KRS machines (65 tons - 26 units, 125 tons - 4 units) to increase the efficiency and complexity of performing current and major repairs of wells, which is a necessary condition for the implementation of the Company's strategic goals of increasing oil and gas production.
The purpose of the project
Main goal:
Capacity building
Secondary goal:
Increasing compliance with modern standards, Increasing compliance with modern standards, Creation of new facilities and services, Improving the quality of services
Description of the purpose of the project and ways to achieve it
The project involves the purchase of 30 new KRS machines (65 tons - 26 units, 125 tons - 4 units) to increase the efficiency and complexity of performing current and capital repairs of wells, which is a necessary condition for the implementation of the Company's strategic goals of increasing oil and gas production.
Problems and solutions resulting from project implementation
The goal of the project is to increase the efficiency and complexity of performing routine and capital repairs of wells, which is a necessary condition for implementing the Company's strategic goals of increasing oil and gas production.
Socio-economic context
Indicator
Value
Other functional
100 %
Strategic Case
Strategic feasibility of the project
Sector
Energy Sector
Subsector
Oil and gas industry
Stream
Development and production of gas and oil
Strategic document
Energy Strategy of Ukraine until 2050
Task
Increasing domestic production of natural gas and oil by intensifying geological exploration, introducing modern drilling and production technologies, optimizing the development of hydrocarbon deposits, as well as developing the infrastructure for storing, transporting and processing hydrocarbons in order to increase Ukraine's energy independence and security.
Project objectives
Indicator
Base value
Target value
Fulfilling requests for well overhauls and services to other companies in the industry
90 %
100 %
Demand for the service and its dynamics
Indicator
Year
Demand
Annual demand for services/infrastructure
1
100 %
Economic justification
Alternative technical solutions
Technical Solution 1
Purchase of 30 new KRS machines (65 tons - 26 units, 125 tons - 4 units)
Technical Solution 2
Procurement of services of an external contractor for conducting RRC
Total costs1'407'000'003 UAH4 UAH
Average annual costs1 UAH1 UAH
Project duration, incl.24 months13 months
Service life360 months12 months
Target indicatorsDefined Not defined
Technical Solution Status
Active
Pending
Financial justification
Total project budget
Total preliminary budget1'407'000'003 UAH4 UAH
Capital costs1'407'000'003 UAH4 UAH
Operational costs0 UAH0 UAH
Preliminary cost breakdown
Operating costs for implementation0 UAH0 UAH
For preparation1 UAH1 UAH
For implementation1'407'000'000 UAH1 UAH
For operation1 UAH1 UAH
For closing1 UAH1 UAH
Average project cost per service recipient
Service UnitN/A
Service Unit Cost1 UAH
Profitability of the project
Is the project expected to generate income?
ResponseNoNo
Project Financing Mechanisms
Are funding sources and mechanisms identified?
Source and MechanismYesNo
Management Rationale
Risk assessment
Financial riskDefinedUndefined