June 14, 2016 LLC “Arab Energy Alliance UA” has begun to work over of the well number 17 Belousovsky oil and gas condensate field, located in the Poltava region.
Exploration drilling in this area was conducted in 1975 ÷ 1986 when it was drilled a number of exploration wells, but wells operation was characterized by a sharp decline in the reservoir and the wellhead pressure, flow rates of gas and condensate. In 1986, taking into account the termination of the hydrocarbon production from the…