Brazilian oil production decreased 1.2% in October

Brazilian oil production decreased 1.2% in October compared to September, totaling 2.874 million barrels per day according to the accounts of the National Petroleum Agency (ANP). Compared to the same month last year, the drop was 3%.

As for natural gas, production totaled 130 million cubic meters per day, an increase of 3.8% compared to the volume registered in September. Adding oil and gas production, the country produced 3.692 million barrels of oil equivalent per day.

In the pre-salt, production in October was 2.535 million barrels of oil equivalent per day – a drop of 2% compared to September. The value is equivalent to 2.013 million barrels of oil per day and 82.9 million cubic meters of natural gas per day.