Petrobras: Oil and natural gas output in January

Oil and natural gas output in January

cidade_de_saquarema.jpgIn January, our total oil and natural gas output was 2,86 million barrels of oil equivalent per day (boed), of which 2.74 billion boed produced in Brazil and 120,000 boed abroad.

The average oil output in the country was 2.23 million barrels per day (bpd), 3 percent less than in December last year. This result is mainly due to the scheduled shutdown of platform P-40, in the Marlim Sul field, in the Campos Basin, and to maintenance done at one of the production wells connected to FPSO Cidade de Anchieta, in Parque das Baleias, also in that Basin.

In January, natural gas production in Brazil, excluding the liquefied volume, was 81.4 million m³/d, stable compared with the December 2016 output.

New daily and monthly output records in the pre-salt

The oil production we operate (own and partner shares) in the pre-salt layer set two new records in January: The monthly one, with an output of 1.28 million bpd, and the daily, set on January 4 and coming in at 1.34 million barrels. Additionally, the oil and natural gas output we operate set a new record, at 1.59 million boed.

These results are due mainly to increased production at new wells connected to FPSOs Cidade de Caraguatatuba (in the Lapa field); Cidade de Saquarema, Cidade de Mangaratiba, and Cidade de Itaguaí (in Lula); and Cidade de São Paulo (in Sapinhoá); all in the Santos Basin. Another highlight was the increase in the operating performance of the P-58 platform, in Parque das Baleias, in the Campos Basin.

Oil and gas production abroad

In January, oil output at overseas fields was 69,000 bpd, up 13 percent compared to the previous month’s mark. This growth is due, in particular, to operation resumption at the Agbami field, in Nigeria, after a scheduled shutdown in December.

Natural gas production abroad was 8.6 million cubic meters per day, 16% below the month before. This reduction was mainly due to the drop in demand for gas from Bolivia.