The company produces around 3 million tonnes of oil and 4 billion m3 of natural gas per year, having oil proven reserves of nearly 180 million tonnes. Ukrnafta also ownes three natural gas processing plants.
Just over 50% of the company is owned by Naftogaz Ukrainy. Together with Chornomornaftogaz and Ukragazproduction they are the only state companies involved in extraction and refining of gas and oil.
Ukrnafta consists of six Oil/Gas producing companies:
Also there are three Gas Processing Factories:
*Hnidytsivsky (Varva, Chernihiv Oblast)
*Kachanivsky (Mala Pavlivka, Sumy Oblast)
*Dolynsky (Dolyna, Ivano-Frankivsk Oblast)
Numerous other companies provide other drilling, maintenance as well as scientific research.