New Monthly Oil & Gas Total Production Record for Brazil

Source: www.gulfoilandgas.com 10/17/2016, Location: South America

Petrobras announced that total production of oil and natural gas in September was 2.88 million barrels of oil equivalent per day (boed), with 2.75 million boed produced in Brazil and 130,000 boed abroad. This result represents an increase of 1.4% in the total production of the company in relation to August.

Total production of oil and gas in Brazil is a new monthly record, surpassing the 2.72 million boed achieved in August 2016. The average oil production in the country, which reached 2.24 million barrels per day (bpd) in September, also constituted anew record.

New record in the pre-salt
The production of oil and natural gas operated by us (own and partner share) in the pre-salt also hit a new monthly record layer in September, reaching 1.46 million of barrels of oil equivalent per day (boed). This volume corresponds to an increase of 7.3% over the previous month.

This result is mainly due to growth in production of Lula and Sapinhoa fields, both in the Santos Basin.

In September, the average oil that operated in the pre-salt also hit a new monthly record of 1.17 million barrels of oil per day (bpd). In addition, we achieved with our new partners’ record daily oil production in the province, to produce, on 07/09, the volume of 1.23 million bpd.


Natural gas
Production of natural gas in Brazil, excluding the liquefied volume, was 81.2 million m³ / day, 2.2% above the previous month (79.5 million m³ / day), which is a new monthly record.

The average natural gas production abroad was 9.5 million m³ / d, 2% lower volume compared to the previous month, due to platform shutdown of Lucius fields / Hadrian South in the United States.


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