Petrobras -Oil and natural gas production in April

Rio de Janeiro, May 6, 2016 – Petróleo Brasileiro S.A. – Petrobras informs that its total oil and natural gas production in April amounted to 2.69 million barrels of oil equivalent per day (boed), of which 2.50 million boe were produced in Brazil and 190,000 boed abroad.

The average oil production in April was 2.12 million barrels per day (bpd), 5% above the volume produced in the previous month, which was 2.02 million bpd. In this production, 2.03 million bpd were produced in Brazil and 89,000 bpd abroad.

The recovery of the production compared to previous month’s levels was due mainly to the return to operation of platforms that were in corrective maintenance in March, specially P-31(Albacora field) and and P-48 (Caratinga field).

Pre-salt oil production

The company’s oil and gas production in the pre-salt layer operated by Petrobras in April was of 994,000 boe/d, 9.9% lower than the previous month.

The company’s oil output operated by Petrobras also lowered 9.4% when compared to the previous month to an average of 801,000 bpd.

This reduction was mainly due to the scheduled shutdown in FPSO Cidade de Angra dos Reis and FPSO Cidade de Paraty.

Natural gas production

The company’s natural gas production in Brazil, excluding liquefied volume, was 73.5 million m³/day, 8.5% higher than the previous months (67.8 million m³/day).

The average production abroad was 17.3 million m³/day, 5.5% higher than the 16.4 million m³/day reached in the previous month.

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