Petrobras marks lower oil production in July

Petrobras announced that its July oil output (oil plus natural gas liquids) from all the company’s fields in Brazil was 1,888 thousand barrels per day (bpd), 4.6% lower than the previous month (1,979 thousand barrels). Including the share operated by Petrobras for its partners, oil production in Brazil was 1,946 thousand bpd, down 4.7% on June.
The decrease in July was due to scheduled maintenance shutdowns on Campos Basin platforms (P-40, located in Marlim Sul field, P-20 in Marlim, PPM-1 in Pampo and FPSO-RJ in Espadarte), in addition to the completion of an extended well test in Sapinhoá Norte field, in the Santos Basin pre-salt, operated by the itinerant production unit FPSO Cidade de São Vicente. In September, a new extended well test will be carried out in the Lula Extremo Sul area.
In July, Petrobras’ total output (oil and natural gas) in Brazil averaged 2,282 thousand barrels of oil equivalent per day (boed), 4.9% lower than June. Including the share operated by Petrobras for partners, total output was 2,386 thousand boed, down 4.1% on the previous month.
Including the company’s output abroad, total oil and natural gas production in July averaged 2,490 thousand boed, 4.9% lower than June.

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