Oil and Gas Production Up 12% in Brazil

In January of this year, Petrobras produced an average of 1,750,529 barrels daily in Brazil, nearly the same as in December, 2005. The company’s average daily domestic production of natural gas was 41,826,000 cubic meters, 1.5% less than in December.

Together, domestic petroleum and natural gas production rose 11.8% in January in comparison with January, 2005, for a daily average of 2.01 million barrels of oil equivalent (BOE). According to a note released by Petrobras, if the comparison were with December, 2005, production was "practically identical."

The total volume produced by the entire Petrobras system last month, including petroleum and gas production abroad, amounted to 2.26 million BOE per day, 9.9% more than in January, 2005. This brings production to the same level as in December, 2005.

The company’s overall average daily production of petroleum and gas abroad was 252.3 thousand BOE, 1.9% more than in December, 2005, mainly as a result of the increase in gas production in Argentina.

ABr

Tags:

You May Also Like

Petrobras Tests First Oil Platform Made 100% in Brazil

Brazilian oil multinational's Platform P-51, the first unit entirely built in Brazil, has left ...

In Brazil, The Law Is Never For You When You Have Friends

Anyone wishing to understand how Brazil really works will need to also consider the ...

On the Hot Seat

Found in a trunk 24 years after its author’s death, The Yellow Sofa is ...

International Court Rules Brazil Violated Rights of Families of Guerrillas it Killed

The Inter-American Court of Human Rights (IACHR) has ruled that between 1972 and 1974, ...

International Group NtDDi Wants to See Zero Tax for Drugs in Brazil

The No Taxes on Drugs and Devices Initiative (NtDDi), an international coalition of scholars ...

At 101, Brazil’s Niemeyer Wins Algiers’ Library Architectural Project

Oscar Niemeyer, the renowned Brazilian architect, designed the Aspa (South American-Arab Countries) Library, to ...

Not Just Sun and Sea: Brazil’s Northeast Brings Back Colonial Past

In the interior of Brazil's Northeast the expression "a moça ficou para o caritó" ...

Uruguay Urges Brazil to Go Beyond Words and Take Action

Uruguayan Economy minister Danilo Astori said that relations with Argentina are "at their worst ...

Brazil’s Supreme Sends Abducted American Boy’s Case Back to Lower Courts

Brazil's Supreme Court (STF) decided this Wednesday, June 10, in a 10-0 vote, not ...

Cargo Movement in Brazil’s Rio Grande Port Up 23%

Rio Grande do Sul's Rio Grande Port, in Brazil's South, saw the highest throughput ...