Petrobras' Domestic Oil Production Falls in January

Source: www.gulfoilandgas.com 2/21/2018, Location: South America

Petrobras reports that its total oil and natural gas production in January was 2.70 million barrels of oil equivalent per day (boed), with 2.60 million boed produced in Brazil and 97 thousand boed produced abroad.

Total production operated by the company (portions of Petrobras and partners) was 3.31 million boed, with 3.19 million boed in Brazil.

The average oil production in the country was 2.10 million barrels per day (bpd), 1,0% lower than the volume produced in December. This result was mainly due to the maintenance stoppages of FPSO Capixaba, wich operates in Parque das Baleias, in Campos Basin, and the sale of 35% of the Lapa field from Petrobras to Total, in the BM-S-9A block, in the Santos Basin pre-salt. The production of natural gas, excluding the liquefied volume, was 78.7 million m/d, 1% above the previous month.

Oil production in the fields abroad was 61 thousand bpd, in line with the previous month, while the natural gas production was 6.2 million m/d.

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