Petrobras records biggest ever daily output in pre-salt areas
- Business & Finance
Brazil’s Petrobras has announced that its consolidated oil and gas production, in Brazil and abroad, rose 0.8% from August’s production of 2,759 thousand barrels of oil equivalent per day (boed) to 2,781 thousand boed in September.
Oil production in Brazil rose 0.6 percent from August
Petrobras’s oil production in Brazil rose 0.6 percent from August’s production of 2,105 thousand barrels per day (bpd) and averaged 2,118 thousand bpd in September. Total oil production operated by Petrobras in Brazil, which includes the share Petrobras operates for its partners, reached 2,239 thousand bpd in September, up 0.3% from August’s production of 2,232 thousand bpd.
Total oil and gas production
Petrobras’s total oil and gas production in Brazil rose 0.5% from August (2,551 thousand boed) to 2,565 thousand boed in September. Total oil and natural gas production operated by Petrobras in Brazil, which includes the share operated for its partners, in turn rose 0.3% from August (2,736 thousand boed) to 2,743 thousand boed in September.
“On September 18th, the Santos and Campos Basins pre-salt reported its biggest daily production ever of 618 thousand bpd.”
The growth in production was mainly influenced by the ramp up of platforms P-55 and P-62, at Roncador (Campos Basin), and of FPSO Cidade de Paraty, at Lula Nordeste (Santos Basin). In September, six new offshore wells started up in the Santos and Campos Basins, including five production wells and one injection, totaling 53 new wells this year. Production from the pre-salt layer reached an average of 532 thousand bpd in September, and on September 18th, the Santos and Campos Basins pre-salt reported its biggest daily production ever of 618 thousand bpd.
In accordance with company planning, some platforms were shut down for maintenance in some platforms. In September there was a temporary interruption of 44 thousand bpd in monthly average production. FPSO Cidade de Mangaratiba started-up production this Tuesday (10/14) in the Iracema Sul area, located in the Santos Basin pre-salt Lula field.
Natural gas production
Natural gas production in Brazil rose 0.2% from 71 million 22 thousand m³/d a month ago to 71 million 137 thousand m³/d in September. Gas production operated by Petrobras, which includes the share operated for its partner companies, was 80 million 132 thousand m³/d.
Production abroad in September up 3.2% from a month ago
Oil production abroad rose 3.2% from last month’s production of 208.9 thousand boed to 215.6 thousand boed in September. Average natural gas production abroad rose 3.1% from August’s production of 15 million 807 thousand m³/d to 16 million 293 thousand m³/d. This rise is due to the production ramp up at Lot 57, Kinteroni Field, Peru, driven by higher demand for LNG exports from this country. Average oil production rose 3.3% from 115.9 thousand bpd a month ago to 119.7 thousand bpd in September, primarily due to higher NGL and condensate production at Lot 57, Kinteroni Field, Peru as well as greater operational efficiency of assets in Nigeria and Argentina.
Production reported to the ANP
The total production reported to Brazil’s National Petroleum Agency (ANP) was 10,207,003 m³ of oil and 2,524,741 thousand m³ of gas in September 2014. This production corresponds to the total production of the concessions where Petrobras is the operator. It does not include shale, NGL volumes and third parties’ production where Petrobras is not the operator.