Brazil’s Petrobras Reaches Record and Nears 2 Million Barrels a Day

Brazil’s oil company Petrobras reached the record production of 1,912,733 barrels of oil in Brazil on Monday, October 23. The record improved 30.000 barrels on its previous record of 1,882,000 barrels achieved last May.

The record was built mainly from sustained onshore field production and from the going on line of three new wells, interconnected to the P-50 platform in the Albacora Leste, in the Campos Basin. The P-50 rig production has already reached 150,000 bpd.

Meanwhile, the connection of four other wells to the same platform is nearing completion. When they begin pumping in the next few weeks, the P-50’s production is expected to top its maximum capacity, programmed at 180,000 barrels a day.

The new record is considered by Petrobras a "decisive step" towards the goal of a daily production of two million barrels, which is forecasted for the end of the year.

By then two more rigs are schedule to go online in the Campos Basin: P-34, in the Jubarte field, which will occur in November, with a potential of 60.000 bpd and the Cidade do Rio de Janeiro FPSO, in the Espadarte field, slated for December, capable of producing up to 100,000 barrels per day

Mercopress

Tags:

  • Show Comments (0)

Your email address will not be published. Required fields are marked *

comment *

  • name *

  • email *

  • website *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Ads

You May Also Like

French Carmakers Grow Above Average in the Brazilian Market

Carmaker Renault Brazil has just announced that it sold 79,273 vehicles between January and ...

Chief of BNDES Bank Guarantees Hot Economy for Brazil in Coming Months

The president of Brazil’s National Economic and Social Development Bank (BNDES), Guido Mantega, said ...

Brazil Upset Over Blair’s Little Omission

Relations between Britain and Brazil have struck a new low after a careless slip ...

Brazil Says Child Sex Is Serious Matter. Crime Involves Authorities and Elites.

Sexual exploitation of children continues to be a serious problem in Brazil, "reaching worrisome ...

Women Candidates Still Few in Brazil

Despite the existence in Brazil of quotas which oblige political parties to reserve at ...

Letters

The whole feijoada I believe that any grown-up citizen should love his/her country with ...

Brazil Tries to Reverse Total Embargo to Its Meat

The Brazilian government wants to reverse the total embargo imposed on Brazilian meat by ...

Brazil Needs Help of the Rich to Stop Amazon’s Destruction

The international conservation organization World Wide Fund for Nature (WWF) is warning that a ...

After Three Months of Decline Search for Credit Rises 5.2% in Brazil

Brazilian companies search for credit has grown 5.2% in the month of April over ...

Brazil’s Lula Is No Friend of Science

Brazilian President Luiz Inácio Lula da Silva’s administration can be accused of not being ...