You're reading: Bloomberg: Shell to drill first wells in $10 billion Ukrainian project

Royal Dutch Shell Plc (RDSA), which signed a $10 billion shale gas deal with the Ukrainian government this year, expects to start drilling in the Yuzivska field next year.

Shell will need to drill as many as 15 wells to complete the initial exploration appraisal of the 8,000 square-kilometer (3,100 square-mile) Yuzivska field in the eastern part of the country, Graham Tiley, the country manager of Shell Ukraine, said in an interview in Kyiv On Nov. 6.

Separately, the company has also completed drilling its first well in the Kharkiv region and is preparing to drill two more next year, he said.

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