Home / News / Petrobras oil production in Brazil sets monthly record

The average daily oil production of Petrobras’ fields in Brazil was 1,885,196 bbl/day in August, a 4.3% increase over a year ago and 1% more than the previous month. This result also set a new monthly production record, 18,000 bbl/day more than the previous record, set in June 2008, when 1,867,336 bbl/day were produced.

Petrobras’ total average production (oil and natural gas in Brazil and abroad) topped out at 2,442,444 bbl of oil equivalent per day in August, 5.3% more than in the same month of 2007, and 0.9% higher than last July.

Natural gas production in domestic fields reached 52.734 million cu m per day, 22.5% more than the volume extracted a year ago, and 0.9% more than in July 2008.

Petrobras oil production in Brazil sets monthly record

International production

In August, joint production (oil and gas in barrel equivalents) abroad closed at 225,563 bbl of oil equivalents per day, stable compared with the previous month. Of this total, 211,666 bbl came from companies Petrobras controls and 13,897 bbl from partner companies. Exclusive oil production in the fields abroad was 124,254 bbl/day, 4.3% more than the total extracted in the previous month.

Petrobras’ production in the Agbami field, Nigeria, where it operates in partnership with other companies, was kicked off in July, and in August it reached 7,541 bbl/day.  In addition to Agbami, the Akpo field is also in its development phase in Nigeria. Petrobras’ combined share in these two giant fields is expected to reach 65,200 bbl/day.

Natural gas production abroad was 17.212 million cu m per day in August, stable compared with July and 13.5% less than a year ago.

The accompanying chart shows the volumes of oil and gas produced in Brazil and abroad, onshore and offshore.

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