Eastern European-focused oil and gas firm JKX has started up production at the Elizavetovskoye Field in Ukraine.
The firm today confirmed production had started at the stand-along field following the successful completion of the first development well – E-301.
JKX said the well is now flowing gas to the newly commissioned early production facility, located around 35km to the southeast of Poltava, Ukraine.
The firm said the well, which is the first in a five-well programme, is producing at a stabilised rate of 7.2 millions of cubic feet per day.
The N-75 Skytop rig is now drilling the second well – E-302 – at the field.
“Start-up at the Elizavetovskoye field has been achieved on time and on budget,” said chief executive Dr Paul Davies.