Rio de Janeiro, October 16, 2015 – Petróleo Brasileiro S.A. – Petrobras announces that its average production of oil and natural gas, in Brazil and abroad, was 2.72 million barrels of oil equivalent per day (boed) in September 2015, compared to 2.88 million boed produced in August.

Oil production in Brazil reaches an average of 2.132 million barrels of oil per day until September

Petrobras’ total production of oil and natural gas in Brazil was an average of 2.13 million boed up to September. In this month, the oil production was 2.06 million of bpd. The reduction of 6.7% from August (2.21 million of bpd) was mainly due to shutdowns of large platforms, especially to P-52 stop scheduled maintenance.

Natural gas production, excluding the liquefied volume, was 75.0 million m³/day in September, 2.8% lower than the previous month (77.2 million m³/day).

Thus, oil and gas production from Petrobras in Brazil in September was 2.53 million boed, 6% below the volume produced in August (2.69 million boed).

Oil and natural gas production in the pre-salt area is over 1 million barrels of oil equivalent a day

Oil and natural gas production operated by Petrobras in the pre-salt area remained above 1 million barrels of oil equivalent per day (boed) in September, with average production of 1.028 million boed, reaching a record of 1.12 million boed on September, 15th.

Also on September 15th, a new record was achieved in the oil daily production operated in pre-salt area, with 901,000 bopd. Throughout September, the average production of oil operated in the pre-salt area was 828,000 bopd.

Oil and gas production abroad

188 thousand boed were produced abroad in September, 1.5% lower than the 192 thousand boed produced the previous month. This reduction was mainly in the Akpo field, located in Nigeria, due to cleaning operations in the export pipeline, and the expiration of the concession contract of part of Jaguel de los Machos Block in the province of La Pampa, Argentina.

Oil production in September was an average of 97 thousand bpd, 4.4% lower than the 101 thousand bpd produced the previous month, also because of the reasons mentioned above.

The average natural gas production abroad was 15.5 million m³/day, 0.3% higher than August’s production, which was 15.4 million m³/day.