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Brazil: Petrobras' pre-salt production rises 50 per cent in a year

18 May 2017

Photo - see caption

Petrobras' total production of oil and natural gas in April stood at 2.72 million barrels of oil equivalent per day (boed), including 2.60 million boed produced in Brazil and 120,000 boed produced abroad.

Average domestic oil production was 2.10 million barrels per day (bpd), a 1% compared to March. This was mainly due to the ongoing scheduled stoppage on platform P-37 in the Marlim field, and to a scheduled stoppage on platform P-43 in the Campos Basin’s Barracuda and Caratinga fields.

In April, domestic production of natural gas, excluding the LNG, was 78.5 million m³/d, 1% up on the previous month, mainly due to the resumed operation of FPSO Cidade de Angra dos Reis (Santos Basin) after a maintenance stoppage.

Photo - see caption
Petrobras' pre-salt production rises 50 per cent in a year

Pre-salt production

In April, production of oil and natural gas managed by Petrobras (wholly-owned and partner shares) in the pre-salt layer stood at 1.50 million boed, steady against the previous month’s figure. 

Compared to April 2016, production rose by 50%, mainly due to production startup on FPSO Cidade de Saquarema and FPSO Cidade de Caraguatatuba, in addition to the growth in output from FPSOs Cidade de Maricá, Cidade de Paraty and Cidade de Itaguaí. 

Production of oil and natural gas abroad

In April, oil production in foreign fields was 64,000 bpd, 3% down on the previous month. Natural gas production stood at 9.6 million m³/d, 12% down on the March 2017 figure. This was mainly due to well testing in the Lucius and Hadrian South fields (USA), in addition to a in Petrobras production in Bolivia.

Original article link

Source: Petrobras

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