Petrobras: Oil and gas production reaches 2.81 million barrels/day in June

Oil and gas production reaches 2.81 million barrels/day in June

FPSO Cidade de Mangaratiba .jpgOur total oil and natural gas output in June was 2,805,000 barrels of oil equivalent per day (boed). Of this total, 2.70 million boed were produced in Brazil, while 113,000 boed abroad. The average oil output in the country was 2.20 million barrels per day (bpd), 0.6 percent more than in May.

This result is mainly due to production resumption, after a scheduled shutdown, at platform P-43 - located in the Barracuda and Caratinga fields, in the Campos Basin - and at FPSO Cidade de Mangaratiba, in the Lula field, in the Santos Basin pre-salt cluster.

In June, natural gas production in Brazil, excluding the liquefied volume, was 80.3 million cubic meters per day, 1.8 percent more than in the previous month. This increase is mainly due to production resumption at FPSO Cidade de Mangaratiba.

New records set in the pre-salt

The oil production we operate (own and partner shares) in the pre-salt layer set two new records in June: The monthly one, with an output of 1.35 million bpd, and the daily, set on June 19, coming in at 1.42 million barrels. Additionally, the oil and natural gas output we operate set a new record, at 1.69 million boed.

Contributing to this result was the start of production at the P-66 platform, in the Lula field, and the addition of new production wells connected to FPSOs Cidade de Caraguatatuba, Cidade de Ilhabela, Cidade de Maricá, Cidade de Mangaratiba, and Cidade de Saquarema - all operating in the Santos Basin.

Oil and gas abroad

In June, oil output at fields located abroad was 65,000 bpd, up 0.1 percent compared to the previous month’s mark. Natural gas production was 8.1 million cubic meters per day, 13 percent less than the May 2017 output. This decrease was mainly due to the lower demand for gas production in Bolivia and reduced production at the Hadrian South field, in the United States.