Petrobras’ O&G production up by 4.8% in June

Petrobras announced an oil output (oil plus natural gas liquids [NGL]) of 1,979 thousand barrels per day (bpd) in June from all of its fields in Brazil, a 4.6% higher volume than May (1,892 thousand bpd). Including the share operated by the company for its partners, oil output in Brazil reached 2,043,000 bpd, indicating a 5.2% rise compared to May. In June, Petrobras’ total output of oil and natural gas in Brazil averaged 2,378,000 boed, 4.8% higher than May.

The increase in production was due to the startup of new wells connected to platforms FPSO Cidade de Itajaí, in Baúna field, Santos Basin, and FPSO Brasil, in Roncador field, Campos Basin, in addition to the startup of FPSO Cidade de Paraty, in the Lula NE Pilot Project, in the Santos Basin pre-salt. The production increase was also aided by the return into operation of platforms P-25 and P-31, in Albacora field, Campos Basin; and of FPSO Cidade de Angra dos Reis, which operates in the Lula field pilot project, in the Santos Basin pre-salt. These production units were undergoing planned shutdowns in May.

It is important to highlight the pre-salt’s rising contribution to total volume. In June, a new record was set with the daily average of 310,200 bpd, including the share operated by the company for its partners. The total oil and natural gas production in June, including the company’s production abroad, averaged 2,612,000 boed, 4.2% higher than May.

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