Over 240 guests from more than 100 companies attended the VI Newfolk International Oil and Gas Conference on May 30-31, 2019 in Lviv

An international team of experts covered Belarus, Poland, Canada, USA, Kazakhstan, Turkey.

The topic of this year's conference was “Coiled Tubing. Hydraulic Fracturing. Drilling Services. Geophysics. Directional Drilling”.

Strategic issues of the development of Ukraine's oil and gas industry were subject to discussion during the first session of the event.

According to the executive director of the Association of Gas Producers of Ukraine Roman Opimakh, the Ukrainian oil and gas market is one of the most dynamic in Europe. Increasingly more international companies invest in the industry.

Oleksandr Romanyuk, First Deputy Chairman of the Board – CEO of Ukrgazvydobuvannya JSC, was also talking about this. He noted that Ukrgazvydobuvannya and Canadian VermilionEnergy jointly participated in 4 competitions for entering into a PSA in Ukraine.

In addition, Ukrgazvydobuvannya recently entered into an agreement with Halliburton on providing  integrated "turnkey" services for sidetracking. 4 operations are to be performed in 2019, while in 2020 - already 22. Yuriy Nagornyak, Production Director at Ukrhazvydobuvannya, in particular noted in his report that it is a complex operation in terms of geomechanics, and the expertise by the Big Four will be useful for Ukrgazvydobuvannya

At the same time Oleksandr Romanyuk noted that the company invoked geological survey, will continue updating the fleet of drilling rigs and will involve international contractors such as Weatherford and Schlumberger to carry out service operations.

Among the topics discussed at the conference, considerable attention was paid to the development of the oil service market of Ukraine. Igor Stefanishyn, CEO of DC Ukrburservis, completed an overview of modern drilling rigs of the company and provided data on their application. He also raised a number of questions regarding the interaction between the customer and the contractor.

Particular attention was paid to the application of new technologies for Ukraine - in particular, the features of sidetracking, the use of coiled tubing technologies for geophysical exploration, foam hydraulic fracturing, etc.

The second day of the conference culminated in workshops by the general sponsor Weatherford, during which the guests of the conference could work out a number of management skills and analyze the effectiveness of business processes in the format of a business game.

Another feature of the conference was the competition of cover letters by students, teachers and post-graduates of specialized educational institutions. GEO ALLIANCE Group of Companies financed the participation in the conference of three authors of the best works.

In addition, the conference guests discussed new promising areas of cooperation - the creation of a museum of the oil and gas industry history, as well as the first results of specialized testing of oil and gas industry specialists trough the help of the Newfolk Industry Rating software.

DTEK sponsored the “Geology. Exploration. Information” session of the VI Newfolk International Oil and Gas Conference. The company announced the completion of drilling a new well.

We also enclose gratitude to the permanent sponsors of the Newfolk conferences - NOVFidmash and Horizonty.

During the event, Horizonty presented the results of the work of certified inclination equipment and shared own best practice in this field.

Among the promising areas for the development of the oil and gas market in Ukraine, NOVFidmash distinguished the possibility of using coiled tubing technologies for geophysical exploration.

We are also grateful to all guests and partners of the VI International Oil and Gas Conference - Schlumberger, BTF Coiled Tubing, Ukrnaftagazservis, GERMANTOOLS, Ukrspetsegeologiya LLC, Association of Gad Producers of Ukraine - together we are doing our best for the development of the oil service market and increasing production!

More photos: https://drive.google.com/open?id=1nYwhB8syd5YUgK3uztyafIXzBNrgOOPw