Offshore Activity

Petrobras – Oil and natural gas production in September

Rio de Janeiro, October 17, 2016 – Petróleo Brasileiro S.A. – Petrobras informs that its total oil and gas production in September was 2.88 million barrels of oil equivalent per day (boed), a 1.4% increase in comparison to the previous month. Of this total, 2.75 million boed were produced in Brazil and 0.13 million abroad.

This was a new monthly record, exceeding the August 2016 figure of 2.72 million boed. Average oil output in Brazil of 2.24 million barrels per day (bpd) in September was also a new record.

New pre-salt record

Oil and natural gas production operated by Petrobras (own and partners’ share) in the pre-salt reached the record level of 1.46 million boed in September, 7.3% more than the month before.

This result was primarily due to production growth in the Lula and Sapinhoá fields, both in the Santos Basin.

Oil output operated by Petrobras (own and partners’ share) in the pre-salt averaged 1.17 million bpd in September, also a new monthly record. Petrobras and its partners also achieved a new daily pre-salt oil production record of 1.23 million bpd on September 7th.

Natural gas

Natural gas production in Brazil, excluding liquefied volume, totaled 81.2 million m³/day, 2.2% more than the previous month’s figure of 79.5 million m³/day and a new monthly record.

Natural gas output abroad averaged 9.5 million m³/day, 2% less than in August due to the scheduled maintenance stoppage of the platform in the Lucius/Hadrian South fields, in the United States.

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