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Oil and Natural Gas Production in August

Source: www.gulfoilandgas.com 9/24/2018, Location: South America

Petrobras informs that in August its total production of oil and gas, including natural gas liquids (NGL), was 2.47 million barrels of oil equivalent per day (boed), with 2.35 million boed produced in Brazil and 116 thousand boed abroad.

Total production operated by the company (Petrobras and partners’ share) was 3.15 million boed, with 2.99 million boed in Brazil.

Compared to the previous month, there was a reduction mainly due to the concentration of scheduled stoppages for maintenance, which occurred with FPSO Cidade de Angra dos Reis and FPSO Cidade de Marica, both located in the Lula field in the pre-salt of Santos Basin, with platforms P-25 and P-31, located in the Albacora field in the post-salt of Campos Basin, and also the continuation of the Mexilhao platform stoppage.

Petrobras maintains its commitment to the production target disclosed in the Business and Management Plan 2018-2022, considering the ramp-up production of the platforms that have already started operation this year (P-74, in the B?zios field, and FPSO Cidade de Campos, in the Tartaruga Verde e Mestica field) and the beginning of the production of new systems planned for the 4th quarter of 2018.

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