Oil and Gas Production Up 12% in Brazil

Brazzil Magazine covers

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

Brazzil Magazine covers

Brazilian Amazon Travel Agency Signs Agreement to Fight Child Sex Tourism

If you Google "child sex tourism," you'll read about those who travel abroad to ...

Brazzil Magazine covers

Brazil Asks WTO for Sanctions Against US Subsidies

The Brazilian government sent a request, yesterday, July 5, to the World Trade Organization ...

Brazzil Magazine covers

Hugo Chavez Finds Out He Has Few Friends in Brazil’s Senate

Brazilian senators postponed on Wednesday until next Tuesday the vote on Venezuela's incorporation to ...

Brazzil Magazine covers

The Scent of God

By Brazzil Magazine "I write to change the world… I really wanted to punch ...

Brazzil Magazine covers

Top Names in Brazilian Fashion Have Arab Blood

They grew up listening to the their parents and grandparents speaking in Arabic. At ...

Brazzil Magazine covers

Brazil’s Word to the US: Don’t Even Think About Socializing Your Losses

Reacting to another day of sharp decline of close to 5% in the Brazilian ...