Ukraine discovered large natural gas reserves in Black Sea shelf

IskatelUkraine has discovered natural gas field with reserves of about 40 billion cbm in the Black Sea shelf, said the Head of the State Service of Geology and Mineral Resources of Ukraine, Nikolai Boyarkin, in a press conference. The deposit is located in the offshore oil field with area of ​​7,000 sq km in the north-western Black Sea shelf of the country. According to the preliminary estimates and assessments of the geochemical and seismic survey, the minimum reserves of the field are not less than 40 billion cbm. The further assessment of the offshore block are in process, which can significantly increase the recoverable reserves.

The Ukrainian research vessel Iskatel conducted geochemical and seismic survey in country’s shelf, announcing the two of its eight wells discovered gas reserves in volume of about 35 billion cbm. Remain to be explored further six wells, where the chances of finding more natural gas are not small.

“The government program provides Ukraine to completely cover its domestic needs by own energy and commodity sources until 2020”, said Nikolai Boyarkin. “The plans are ambitious but realistic. The fact, that Ukraine resumed the search for oil and gas in the Black Sea is a major step in exploration”, added he. “Ukraine has enough resources to ensure their needs from natural gas and is able to yield alone”, said also Nikolai Boyarkin.

The Ukrainian research vessel Iskatel (IMO: 7646580) is the only one vessel in the country from this type. It carried out geochemical and seismic analyzes in the northwestern part of the Black Sea. The ship has overall length of 54.80 m, moulded beam of 9.50 m and maximum draft of 4.20 m.