Petrobras Oil & Natural Gas Output Totaled 2.54 Million Barrels of Oil Equivalent Per Day in August

By MarEx 2012-10-01 14:10:14

In August, Petrobras had an average oil and natural gas production, in Brazil and abroad, of 2,544,250 barrels of oil equivalent per day (boed). The output from Brazilian fields averaged 2,305,890 boed, 0.4% lower than the previous month. The scheduled maintenance shutdowns of two platforms located in the Campos Basin - P-52 (Roncador) and FPSO-Cidade de Niteroi (Marlim Leste) - were largely responsible for this decrease. Total output from fields located abroad averaged 238,360 boed, a 0.4% decline from July.

Of the total output in Brazil, 1,927,724 barrels/day were exclusively from the production of oil. In August, non-liquefied natural gas output reached 60.124 million cubic meters, 1% higher than the volume produced in July.

Petrobras average production abroad, exclusively of oil, was 147,215 barrels/day, up 0.1% when compared with the previous month. Natural gas production totaled 15.485 million cubic meters per day, a 1.3% decline from July. This decrease was due to a lower demand for Bolivian gas.

The total production reported to Brazil's National Agency of Petroleum, Natural Gas and Biofuels (ANP) was 9,167,603,10 m³ of oil and 2,181,158,04 million m³ of gas in August of 2012. This output is the total production from the concessions where Petrobras is the operator. It does not include volumes of shale, NGL and the production of partners where Petrobras is not the operator.