Petrobras Domestic Output in August Rises

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 resumption of operations on platforms 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 startup of wells on platforms P-54 and FPSO-Piranema. According to the schedule, production was halted on platforms P-26 and P-35 (both in Marlim) in August 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 (boed), 0.5% higher than output in July. Including the share operated by Petrobras for partners, total output volume in August was 2,401,000 boed, 0.6% up on the July output.

Operations to connect platform P-63, the first production unit in Papa-Terra field, to mooring lines, are currently in the completion phase. 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. By the first week of October, it should move to the Campos Basin’ Roncador Field.

Added to the company’s August output abroad, total oil and natural gas volume averaged 2,499,000 boe/d, 0.3% up on total output in July.

Natural Gas Production

In August, non-liquefied natural gas output from the company’s fields in Brazil was 61.378 million m³ per day. Total natural gas output, including the share operated by the company for its partners, was 68.336 million m³ per day, close to output levels in July.

International Production
In August, total extraction of oil and natural gas abroad was 205,698 boed, 1.4% down on July, due to an adjustment in the calculation of oil from Akpo field, Nigeria.

[mappress]
Press Release, October 1, 2013