Petrobras' Total Production in September

Source: www.gulfoilandgas.com 10/15/2014, Location: South America

Petrobras announces that consolidated production of oil and gas in Brazil and abroad, reached 2 million 781 000 barrels of oil equivalent per day (boepd) in September. This volume was 0.8% higher than in August, which was 2 million 759 000 boepd.

Oil production in Brazil grew 0.6% compared to August

Oil production from Petrobras in Brazil reached in September the average 2 million 118 thousand barrels / day (bpd). This volume was 0.6% higher than that produced in August, which reached 2 million 105 thousand bpd. 's total oil operated by Petrobras in Brazil, which includes the portion operated by the Company to its partners, totaled 239 million on September 2 bpd -. volume 0.3% higher than the 2 million bpd 232 000 that had been achieved in August.

Total production of oil and gas

The total production of oil and gas from Petrobras in Brazil was 2 565 000 million boe, indicating an increase of 0.5% compared to August (2 551 000 million boe). The total production of oil and natural gas operated by Petrobras in Brazil, which includes the portion operated to its partners, in turn, was 2 million 743 000 boepd in September, 0.3% more than obtained in August ( 2 million 736 000 boepd).

Production growth

The growth in production was mainly due to the ramp up of production at platforms P-55 and P-62 in Roncador (Campos Basin), and the FPSO Cidade de Paraty in Lula Northeast (Santos Basin). During the month of September, six new offshore wells began operating in the Santos and Campos basins, five production wells and one injector, totaling 53 new wells in the year. production of pre-salt layer had in September an average of 532 000 bpd, and on September 18 was recorded the highest daily production in pre-salt layer of the Santos and Campos basins, 618 thousand bpd.

Stops Production

Company Delivering planning were performed maintenance shutdowns on some platforms . In September there was a temporary interruption of 44 000 bpd on average for the month. FPSO City of Mangalore started production on Tuesday (14/10) in the area of Iracema Sul, located in the Lula field in the pre-salt the Santos Basin.

Production of natural gas

Production natural gas in Brazil in September reached 71 million 137 000 m3/ d exceeding 0.2% in the production of the previous month, which was 71 million 22 000 m3/ d. Gas production operated by Petrobras, which includes the portion operated for partner companies, reached 80 million 132 thousand m3/ d.

Production overseas in September is 3.2% higher than in the previous month

Outside were produced in the month September, 215 600 barrels equivalent per day (boepd) oil, an increase of 3.2% compared to 208.9 thousand boe produced in the previous month. 's average natural gas production abroad was 16 million 293 000 m3/ d, 3.1% above the volume produced in August, which was 15 million 807 000 m3/ d. This increase is due to higher production in Lot 57, Field Kinteroni, Peru, caused by increased demand for LNG export from that country. 's average oil production in September, from 119.7 thousand barrels of oil per day (bpd), was 3.3% above the 115 900 bpd produced in the previous month due mainly to the increased production of NGLs and condensate in Lot 57 of the field Kinteroni, Peru and greater operational efficiency in assets Nigeria and Argentina.

Informed the ANP Production

Total production reported to ANP was 10,207,003 m3 of oil and 2.524741 billion m3 of gas in September 2014 This production corresponds to the total production of the concessions in which Petrobras operates as operator. Not included are volumes of shale, LNG and production partners where Petrobras is not the operator.

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