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Brazil Produced above 3 million boepd for 2nd Month

Source: Reuters 3/3/2015, Location: South America

Brazil produced more than 3 million barrels of oil and equivalent natural gas a day (boepd) for the second straight month in January, 20 percent more than a year earlier, as the country benefited from the startup of long-delayed production systems.

The 44 companies operating in Brazil together produced an average 3.08 million boepd in the month, Brazilian oil regulator ANP said in a statement.

January output was little changed from December, falling by an average of 19,000 boepd, or 0.6 percent.

State-run Petroleo Brasileiro SA, or Petrobras, remained the dominant producer, with 2.59 million boepd, or 84 percent of Brazilian output in the month, down from 88 percent a year earlier.

Britain's BG Plc, which owns stakes in several giant offshore fields in the Santos Basin with Petrobras and other partners, was the No. 2 producer, with 140,562 boepd in the month, more than double the output of a year earlier.

Production News in Brazil >>

China >>  5/22/2020 - CNOOC Limited (CNU) announced that Penglai 19-3 oilfield area 4 adjustment/Penglai 19-9 oilfield phase II project has commenced production.

...

Italy >>  5/22/2020 - Prospex Oil and Gas Plc, the AIM quoted investment company, is pleased to announce its audited annual results for the year ended 31 December 2019. ...

Norway >>  5/22/2020 - His Excellency Mr. Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the President and CEO of Qatar Petroleum, paid tribute to the hist...
United Kingdom >>  5/21/2020 - Strong production supports full year 2020 guidance with forecast free cash flow breakeven unchanged at c.$33/Boe. ...

Brazil >>  5/20/2020 - Petrobras informs that the Parque das Baleias Area reached today the mark of 1 billion barrels of oil produced. The Parque das Baleias Area is formed...
Norway >>  5/20/2020 - Preliminary production figures for April 2020 show an average daily production of 2 117 000 barrels of oil, NGL and condensate, which is a decrease of...

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