CATEGORIZED | News

Petrobras oil production in Brazil sets monthly record

Posted on 28 September 2008

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.

Leave a Reply

*

Recent Drilling News

  • 21 May 2013

    Chesapeake taps Anadarko senior VP as new CEO

    Robert Douglas (“Doug”) Lawler, will join Chesapeake Energy as its CEO and a member of the Board of Directors, effective 17 June, the company announced...

  • 15 May 2013

    BP commits to renewed focus on upstream oil and gas over next decade

    Over the next decade, as much as 75% to 80% of BP's majority group capital expenditure will be spent in upstream...

  • 15 May 2013

    Statoil sanctions Julia development in GOM with ExxonMobil, pushes ahead with Logan

    Pursuing further growth in its US offshore portfolio, Statoil has sanctioned its fourth field development in the Gulf of Mexico...

  • 15 May 2013

    Exclusive video: New composite wireline cable contains seven-conductor electrical core

    Serko Sarian, telemetry and conveyance portfolio manager for Schlumberger, talks with Drilling Contractor...

  • 15 May 2013

    PETRONAS: NOCs expand globally with increasing autonomy, financial strength

    National oil companies (NOCs) continue to assume an increasingly meaningful role in the oil and gas industry...

  • Read more news