Petrobras January oil and gas production

Petrobras announces that, in January 2013, total production of oil and natural gas in Brazil reached 2,368 thousand barrels of oil equivalent per day (boed). Total domestic production, including the share operated for partners, was 2,455 thousand boed. This volume corresponds to a 2.5% drop from December.
Petrobras total production in Brazil added to the Company´s production overseas averaged 2,611 thousand boed, a 2.7% drop from the previous month.
In January, domestic oil production (oil plus natural gas liquids – NGL) was 1,965 thousand barrels per day (bpd), a 3.3% decrease from December 2012. Added to the share operated by Petrobras to its partners, this volume amounts to 2,010 thousand bpd.
The production decrease was mainly due to (i) end of production in submersible platform SS-11, which was operating the Early Production System at Baúna field, in Santos Basin post-salt. This platform was removed to prepare for the startup of the FPSO Cidade de Itajaí, in the same location; (ii) conclusion of the extended well test in the area known as Oliva, in Campos Basin post-salt; (iii) scheduled maintenance shutdown in platform P-33; (iv) operational problems at P-53 (Marlim Leste) and FPSO Capixaba (Parque das Baleias), in Campos Basin.
This reduction was partially offset by the startup of FPSO Cidade de São Paulo in the pilot project of Sapinhoá, in January, 5th and by the gradual production growth of FPSO Cidade de Anchieta, in the Baleia Azul field, in Campos Basin pre-salt.
Natural Gas Production
Petrobras natural gas production – excluding liquefied natural gas – from Brazilian fields reached 64,090 thousand cubic meters (m³) per day, in line with the previous month. Total natural gas production, including the share operated by Petrobras to its partners, was 70,809 thousand m³ per day.
International Production
Total overseas production was 243,436 boed, which corresponds to a 0.4% rise from the previous month. Of this total, 149,287 bpd were of oil, representing a 2.8% increase compared to December, due to a total resumption of production at Akpo Field, Nigeria, following a scheduled maintenance shutdown at the production platform.
International natural gas production reached 15,996 thousand m³ per day, down 3.3% from December 2012, due to decreased production in Argentina, as a result of the shutdown of wells at Aguada de La Arena and El Mangrullo fields caused by torrential rainfall; in addition to lower demand for Bolivian gas.
Information to the Brazilian National Agency for Oil, Natural Gas and Biofuels (ANP)
Total production in Brazil in January 2013, as disclosed to the ANP, was 9,386,946.65 m³ of oil and 2,313,026.53 thousand m³ of gas. This amount corresponds to the total production of concessions where Petrobras is the operator. Shale, NGL volumes and the production of partners where Petrobras is not the operator are not included.
Source: Petrobras
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