Petrobras’ domestic oil production tops 2 million bbl/day in June

Posted on 22 July 2014

Petrobras’ June oil production in Brazil averaged 2.008 million bbl/day (bpd), a 1.7% increase from May’s production of 1.975 million bpd. In addition, the production operated by Petrobras for its partners in Brazil increased by 2.1%. The volume reached 2.135 million bpd, up from last month’s production of 2.092 million bpd.

The company’s oil and natural gas production in Brazil in the same month was 2.426 million bbl of oil equivalent per day (boed), indicating a 1.6% increase from May’s 2.387 million boed. In addition, the production operated by Petrobras for its partner companies in Brazil also increased by 2%. The volume reached 2.61 million boed, up from May’s production of 2.558 million boed.

The production growth was mainly due to the volume increase from platform P-62 at the Roncador field in the Campos Basin. A total of 22 wells, 14 oil and gas producers and eight water injectors, will be interconnected to this unit within the next few months. A new well was connected to platform P-48 at Caratinga field’s pre-salt layer in the Campos Basin, which also contributed to the increase in production.

Eight new offshore wells in the Santos and Campos basins started production in June. In addition, 30 new subsea wells began operating during the first half of the year, twice the amount that started production in the same period last year.

 

 

 

Leave a Reply

*

FEATURED MICROSITES


Recent Drilling News

  • 15 September 2014

    US Treasury announces expanded sanctions with Russian companies

    US Treasury Secretary Jacob J. Lew has announced that persons operating within Russia’s defense and related materiel sector may now be subject to targeted sanctions…

  • 11 September 2014

    Cameron elects Scott Rowe as President and COO

    Scott Rowe will assume the newly created position of President and COO of Cameron, effective 1 October 2014. In his new role, he will report directly to Jack Moore, Chairman and CEO of the company...

  • 11 September 2014

    Statoil, GE and Ferus Natural Gas Fuels expand flare gas solution in Bakken

    A joint venture of GE and Ferus Natural Gas Fuels (Ferus NGF), along with Statoil plan to expand a pilot project to capture flare gas and use it to power up to six...

  • 10 September 2014

    6 elements of successful collaboration among NOCs, IOCs, service companies

    The oil and gas landscape is shifting, with the continuing growth of NOCs and the industry going toward unconventional resources and new frontiers…

  • 09 September 2014

    PTTEP: NOCs, IOCs and service companies must combine strengths to overcome challenges

    As assets become more mature and operations become more complex, industry is challenged with finding economical and environmentally friendly operating strategies...

  • Read more news