Petrobras

Petrobras – Oil and natural gas production in August

09/12/2016

Rio de Janeiro, September 12, 2016 – Petróleo Brasileiro SA – Petrobras announces that its total production of oil and natural gas in August was 2.84 million barrels of oil equivalent per day , of which 2.72 million barrels  produced in Brazil and 0.12 million abroad.

Total production of oil and gas in Brazil was a monthly record, which reached 2.22 million barrels per day (bpd) in August. In addition, on 8/19 Petrobras reached new daily record, with a volume of 2.33 million bpd, surpassing the previous daily record, achieved on 22 December 2014, of 2.30 million bpd.

The sale of assets in Argentina impacted the international production, resulting in a reduction of 1.4% in the total production of the Company.

Pre-salt production increased 4% and reaches new record

The production of oil and natural gas operated by Petrobras (own and partner share) in the pre-salt layer grew 4% in August, reaching a new monthly record, amounting to 1.36 million bpd.

This result is mainly due to the interconnection of new wells and increased production from wells already connected to the FPSOs Marica City and City of Saquarema, both installed in the Lula field, in the pre-salt Santos Basin.

In August, the average production of oil operated by Petrobras (share own and partner) in the pre-salt was 1.10 million bpd, also a monthly record. In addition, the daily oil production in the pre salt reached on 8/28 a new daily record with production of 1.22 million barrels.

Natural gas production in the country reaches new record

Production of natural gas in the country, excluding the liquefied volume, was 79.5 million m³ / day, 0.1% above the previous month (79.4 million m³ / day), reaching a new monthly record.

The average natural gas production abroad was 9.6 million m³ / d, 40% below the 16 million m³ / d achieved in the previous month, due to the divestment of assets in Argentina.

Categories: Petrobras

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