Brazilian Oil Company Petrobras Reaches Production Record

Petrobras platform Average oil production at state-controlled multinational Petrobras' oil fields in Brazil in September reached the monthly record high of 1,897,563 barrels/day, surpassing by 12,400 barrels or 1% the volume extracted in the previous month. In comparison with the same month last year, the increase was 7.26%.

Natural gas production in Brazil rose 24% compared with the same month last year, and remained at the same level as in August 2008.

Adding up the production volumes in national fields and in the nine countries the company has production activities in oil and gas, extraction by Petrobras in September averaged 2,450,610 barrels of oil equivalent (BOE) per day.

The volume represents growth of 7.6% over September 2007, and is equivalent to the previous month. Total output (Brazil and abroad) of oil alone by Petrobras was 2,023,413 barrels/day, growth of 6.6% over the same month last year and of 0.7% over August.

In September, combined production (oil and gas in boe's) in foreign countries reached 222,909 boe/day, having remained stable in comparison with the month before.

From that total, 208,411 boe/day came from companies controlled by Petrobras, and 14,498 boe/day from associated companies. Oil production in foreign fields totaled 124,850 barrels per day, also the same level as in the previous month.

Production n the field of Agbami, in Nigeria, where Petrobras operates in partnership with other companies, started in July and, in September, it reached 8,667 barrels/day. Besides Agbami, also in Nigeria, the field of Akpo is under development.

The share of Petrobras is these two fields should reach 65,200 barrels/day. The increase in production in Nigeria made up for the decrease in output in the United States, as a result of preventive interruption of activities due to a hurricane in the Gulf of Mexico.

Anba

Tags:

You May Also Like

Brazil Vows Inspiration and Social Change If Chosen to Host 2016 Olympics

During a presentation for Olympic Family members and international sports figures at Sport Accord ...

Brazil Solidary with Earthquake Victims

The Brazilian government has sent a message of condolences and solidarity for the victims ...

For Chavez the Fight Now Is With the Brazilian Senate

The Brazilian House of Representatives approved the incorporation of Venezuela to the South American ...

Some Brazilian Women Routinely Deported from Europe Are Sex Slaves

Part of the Brazilian women who were deported from or not admitted to Europe ...

Showdown at Brazil’s Congress: The Weaponless Vs. the Self-Defense Front

On October 23 more than 120 million registered voters in Brazil will go to ...

Lula and Chí¡vez Put Brazil-Venezuela Relations Back on Track

Brazilian President Luiz Inácio Lula da Silva, assured this Thursday, September 20, that his ...

Can Brazil Get Olympic Medal for Fighting Crime, Child Sex and Police Brutality?

With colorful and scandalous flourishes, in a nation where the bizarre is often normal, ...

Brazil’s Largest Sugar Company Sells 33% of Its Exports to Arabs

Brazil's sugar and alcohol company Copersucar ships 33% of its sugar exports to the ...

Brazil Hasn’t Seen So Much Snow in a Decade

It’s something for the records book. For a second day running it snowed Wednesday ...

World’s Largest Floating Tree Up in Rio for 14th Year

Once again the traditional inauguration of the largest floating Christmas tree in the world ...