The oil and gas industry of Ukraine has an interesting and multifaceted history of development, which is an inseparable part of the history of establishment and building of Ukraine’s fuel and energy complex.
Within the boundaries of modern Ukraine oil and gas have been extracted and used since time immemorial. According to ancient chronicles, oil was extracted on the Crimean peninsula and used for economic purposes as early as in the 3rd century AD.
However, a special place in the formation and development of Ukraine’s oil and gas industry is held by the Carpathian Mountain region. In fact, the first oil fields in Europe were located here. The commercial development of oil in Sloboda-Runhurska (Ivano-Frankivsk Oblast) began in 1771, or a quarter of millennium ago. Half a century later, in 1820, intensive oil production began near the town of Boryslav.
The late 19th and early 20th centuries saw a period of rapid development of oil production at the Boryslavske field that yielded 2 million 75 thousand tons of oil in 1909. At the time, it was the largest oil-producing region in Europe and third globally in terms of oil production after the United States and Russia.