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

  • 16 October 2014

    BG Group appoints Helge Lund as CEO; Statoil appoints Eldar Sætre as acting President and CEO

    "It has been a privilege to lead Statoil during 10 very exciting years,” Mr Lund said. “Together we have created values for Statoil’s shareholders and the society…

  • 15 October 2014

    Eni signs two PSCs for offshore exploration in Vietnam

    Eni has signed two production-sharing contracts (PSCs) with Petrovietnam for the exploration of blocks 116 and 124, located off the coast of Vietnam…

  • 13 October 2014

    OneSubsea awarded contract for PEMEX Lakach deepwater development

    OneSubsea, a Cameron and Schlumberger company, has been awarded a subsea production systems contract totaling more than $270 million for the Lakach deepwater project…

  • 08 October 2014

    Shell starts oil production from Gumusut-Kakap deepwater platform in Malaysia

    Shell has started oil production from the Gumusut-Kakap floating platform off the coast of Malaysia, the latest in a series of Shell deepwater projects...

  • 08 October 2014

    5 principles to follow for reducing risk of anti-corruption violations

    In 2007, the US Department of Justice initiated an industry sweep targeting oilfield service companies, instigated by the government’s perceptions of the industry’s...

  • Read more news