Petrobras-Oil and natural gas production in October

Rio de Janeiro, November 27, 2018 – Petróleo Brasileiro SA – Petrobras informs that in October its total production of oil and gas, including natural gas liquids (NGL), was 2.66 million barrels of oil equivalent per day (boed), 2.54 million boed produced in Brazil and 119 thousand boed abroad.

The total operated production of the company (Petrobras and partners’ share) was 3.34 million boed, with 3.18 million boed in Brazil.

In relation to the previous month, there was an 8% increase in total oil and gas production due mainly to the start-up of platform P-69, in the Lula field, located in the pre-salt of the Santos Basin, besides the end of maintenance stoppages of the platforms P-57, in the Jubarte field, P-52, in the Roncador field, and P-25 and P-31, in the Albacora field, located in the Campos Basin.

The tables below detail the production values.

Petrobras Total Production Brazil + Abroad (millions boed)

September

2018

October

2018

Monthly variation

Cumulative 2018

Target

2.47

2.66

8%

2.6

2.7

Petrobras oil production Brazil (millions bpd)

September

2018

October

2018

Monthly variation

Cumulative 2018

Target

1.88

2.04

9%

2.0

2.1

 

Petrobras maintains its commitment to the production target disclosed in the 2018-2022 Business and Management Plan, considering the ramp-up production of the platforms that have already started operations this year (P-74 and P-75, in the Búzios field, FPSO Cidade de Campos, in the Tartaruga Verde field and P-69, in Lula field).

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