Petrobras’ oil output up by 1.1% in August

Petrobras’ oil output up by 1.1% in August

Petróleo Brasileiro S.A. – Petrobras announces that, in August, oil output (oil plus natural gas liquids – NGL) from all the company’s fields in Brazil averaged 1,908,000 barrels per day (bpd). This volume is 1.1% higher than the average output of the previous month (1,888,000 bpd). Including the share operated by the company for its partners, oil output exclusively in Brazil reached 1,971,000 bpd, indicating a 1.3% rise from July.
This positive result is due to the restart of operations of platforms that were undergoing scheduled maintenance stoppages in July (P-40 in Marlim Sul, P-20 in Marlim, PPM-1 in Pampo and FPSO-RJ in Espadarte) and the start up of wells on platforms P-54 and FPSO-Piranema. According to the schedule, in August, production was halted at platforms P-26 and P-35, both in the Marlim asset, in order to comply with the scheduled maintenance shutdown program.
In August, Petrobras’ total output (oil and natural gas) in Brazil averaged 2,294,000 barrels of oil equivalent per day (boe/day), volume 0.5% higher than the output in July. Including the share operated by Petrobras for partners, total output volume in August was 2,401,000 boe/day, 0.6% higher than the output in July.
Operations to connect platform P-63, the first production unit at Papa-Terra field, to mooring lines, are currently in the phase of completion. This platform will start up operations on October 23.
The construction of platform P-55 has been completed and, on September 17, the inclination tests were initiated. After this stage, and by the first week of October, it should start navigation to Roncador Field, in the Campos Basin.
Added to the company’s output abroad, in August, total oil and natural gas volume averaged 2,499,000 boe/d, 0.3% higher than the total output in July.
Natural Gas Production
In August, non-liquefied natural gas output from the company’s fields in Brazil was 61,378 thousand cubic meters (m³) per day. Total natural gas output, including the share operated by the company for its partners, was 68,336 thousand m³ per day, approximately remaining within the same levels of the output volumes in July.
International Production
In August, the total extraction of oil and natural gas abroad was 205,698 boe/d, corresponding to a 1.4% reduction from July, due to an adjustment in the calculation of oil from Akpo field, Nigeria.
Of this total, natural gas output amounted to 15,842 thousand m³ per day, 1.4% higher than the output volume in the previous month. This was due to a higher output of 3 wells in the Rio Neuquém field, Argentina.
Oil output was 112,453 barrels per day, 3.6% lower than July, also due to a calculation adjustment in Akpo’s output.
Information to the Brazilian National Agency for Oil, Natural Gas and Biofuels (ANP)
In August 2013, the total output reported to ANP was 9,186,175.86 m³ of oil and 2,222,225.39 thousand m³ of gas. This output corresponds to the total output of the concessions where Petrobras is the operator. It does not include shale, NGL volumes and partners’ output where Petrobras is not the operator.
Source: /www.petrobras.com.br
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