Petrobras Announce February Oil and natural gas production figures in Brazil

Petrobras Announce February Oil and natural gas production figures in Brazil

Total oil and natural gas production in Brazil in February 2015 was 2 million 612 thousand boed, down 1.8% from January (2 million 661 thousand boed).

Total production operated by Petrobras in Brazil was 2 million 854 thousand boed.
Petrobras’s oil production in Brazil was 2 million 146 thousand barrels per day (bpd), down 2.1% from January’s production of 2 million 192 thousand bpd. Oil production operated in Brazil (including the share operated for partner companies) was 2 million 319 thousand bpd, down 2.1% from last month (2 million 370 thousand bpd).

The slight drop in production in February was primarily due to the planned maintenance shutdowns of platforms P-19, in Marlim field and P-58, in Parque das Baleias, both in Campos Basin; and of FPSO Cidade de Angra dos Reis, in Lula field, in Santos Basin. The production drop associated with these shutdowns was partially offset by the start-up in February of seven new offshore wells in the Campos and Santos Basins.

New pre-salt records
New production records were set in February for the Santos and Campos Basins pre-salt layer: a daily own production record of 555 thousand bpd, and an operated production record of 737 thousand bpd, were set on the 26th.

Natural gas utilization record
Petrobras’s natural gas production in Brazil, excluding liquefied gas, was 73.968 million m³/day in February, down 0.8% from January. Non-liquefied gas production, including the share of partner companies, was 84.958 million m³/day.
A historic natural gas utilization monthly record was set in February by utilizing 96.5% of the gas produced in Brazil, surpassing the previous record of 96.3% from September 2013.

Production abroad in February is 189 thousand boed
In February, 189 thousand boed were produced abroad, up 2.7% from January’s production of 184 thousand boed. This includes oil and natural gas.
Average oil production in February stood at 100 thousand bpd, up 2.1% from January’s production of 98 thousand bpd primarily due to the start-up of new production wells at the Saint Malo and Lucius fields in the United States.

Average natural gas production abroad was 15.016 million m³/day, up 2.5% from January’s production of 14.646 million m³/day. This rise was due to higher production at the Sábalo field, San Antonio block, in Bolivia.



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