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Petrobras Reports Oil & Natural Gas Production in April

Source: www.gulfoilandgas.com 5/16/2018, Location: South America

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Petroleo Brasileiro S.A. Ė Petrobras reports that, in April, its total production of oil and gas, including natural gas liquids (NGL), was 2.68 million barrels of oil equivalent per day (boed), with 2.59 million boed produced in Brazil and 95 thousand boed produced abroad.

Total production operated by the company (Petrobras and partnersí share) was 3.33 million boed, with 3.20 million boed in Brazil.

The average oil production in the country was 2.09 million barrels per day (bpd), 1.0% higher than the volume produced in March. This result was mainly due to the end of the maintenance stoppage of FPSO Cidade de Angra dos Reis, located in Lula Field, and the start of production of the FPSO P-74, located in Buzios Field, both platforms that operate in the Santos Basin pre-salt.

The production of natural gas, excluding the liquefied volume, was 79.0 million m≥/d, 1.2% higher than the previous month.

Oil production in the fields abroad was 58 thousand bpd, volume 5% below the previous month, and the natural gas production was 6.3 million m≥/d, 1.6% below the volume produced in March. The reduction occurred mainly as a function of maintenance in the fields of Saint Malo and Lucius, in the USA.

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