Brazil: Petrobras Gas Output Flat

Brazil: Petrobras Gas Output Flat

Petrobras of Brazil said that in July, non-liquefied natural gas output from the company’s fields in Brazil was 62,717 thousand cubic meters per day and total gas output, including the share operated by the company for its partners, was 69,858 thousand m³ per day, remaining within the same levels as June.

A new monthly record for natural gas utilization was achieved in July with 94% of the gas from the produced oil.

International Production

In July, total oil and natural gas production abroad was 208,598 boed, down 11.2% on June. From this total, natural gas output reached 15,618 thousand cubic meters per day, 1.3% higher than June. However, oil output was 116,675 barrels per day, down 19% on the previous month.

The increase in natural gas production was due to the new well drilling in El Mangrullo field, in Argentina. Oil output decreased by 50% in Nigeria and Angola as a result of the new joint venture Oil & Gas B.V. (PO&G), where Petrobras holds a 50% stake.

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LNG World News Staff, September 3, 2013; Image: Petrobras