FOR THE FIRST TIME, PRE-SALT CORRESPONDS FOR 70% OF BRAZIL’S O&G PRODUCTION TOTAL

Aug 17, 2020

The combined production of oil and gas in the Brazilian pre-salt reached 2.7 million barrels of oil equivalent in July, a positive variation of 6% compared to June . With this number, the pre-salt corresponded for 70.8% of national production – this was the first time in history that the wells in the region passed the 70% barrier.

Altogether, there were 2.1 million barrels of oil per day and 88.8 million cubic meters of natural gas per day. The Lula field, in the Santos Basin pre-salt, was the largest oil producer in the month, with 1.052 million barrels per day. The field also led the production of natural gas, with 44 million cubic meters per day.

Total national oil production in Brazil (adding pre-salt and other fields) grew 1.2% in July compared to the previous month, according to information made available by the National Petroleum Agency (ANP). In all, 3.049 million barrels per day were extracted during the period.

This was the second consecutive month that Brazil recorded an increase in oil production, after a few months accumulating declines. In relation to natural gas, production also registered growth in July. The increase was 1.13% compared to May, totaling 129.9 million cubic meters per day.

Source: PetroNoticias

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