Petrobras’ September Output Climbs 3.1 Percent (Brazil)

Petrobras' September Output Climbs 3.1 Percent

In September, Petrobras’ oil and natural gas output in Brazil and abroad was 2,591,624 barrels of oil equivalent per day (boed), up 2.43% year-on-year, and 1.41% higher than the August figure.

Fields in Brazil alone achieved average oil and gas output of 2,353,057 boed, 3.1% up on September 2010 and 1.3% up on August 2011. Domestic output was boosted by new wells coming on-stream on the P-25 (Albacora), P-57 (Jubarte) and P-56 (Marlim) platforms (Campos Basin), resumption of the extended well test (EWT) on 1-ESS-103 (Jubarte) in the Espírito Santo cluster of the Campos Basin, and resumption of production on platforms P-20 and P-35 (Marlim) after a period of maintenance.

Taking oil alone, production in domestic fields was 2,002,237 barrels per day, 3% up on September 2010 and 2% up on August this year.

Natural gas output in domestic fields was 56,776,000 cubic meters per day in September, a year-on-year increase of 3.7%.

The volume of oil and natural gas lifted from the Petrobras fields abroad closed September at 238,567 boed, up 2.2% on the previous month. This is the outcome of a return to normal operation at reservoir D, in the Akpo (Nigeria).

Natural gas production abroad was 16.805 million cubic meters, 5.1% up on September 2010. This striking increase was due to increased demand for Bolivian gas and increased output in the Argentinean fields.

The September figure for non-domestic oil output alone was 5.7% up on the August figure.

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Source: Petrobras, October 25, 2011

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