Brazil Petrobras’ Production Reaches Over 2.3 Million Barrels a Day

Petrobras began operating this week a new oil rig with an estimated initial daily production of 15.000 barrels of heavy oil, 17 degrees API in the Jubarte field off EspÀ­rito Santo state, according to a release from the corporation.

The P-34 platform went online via the horizontal Jubarte-4 well, which kicked Phase 1 of the Jubarte field. Three other wells will contribute to help P-34 reach its nominal 60.000 bpd capacity in the next few months.

Well ESS-110, P-34’s second, is slated to go online in the coming weeks. When the platform reaches its peak production level, the Espí­rito Santo Business Unit (UN-ES) is expected to reach a volume of 135.000 bpd.

In November, Petrobras’ average oil and gas production in Brazil and abroad topped 2,321,513 barrels of oil equivalent (BOE) per day, a 2.4% production increase compared to the same month a year ago, although stable over October 2006.

Petrobras’ exclusive production in Brazil in November was 1,813,952 bpd, equivalent to October’s volume. Natural gas production in the Brazilian fields was 43,734,000 cubic meters a day.

Oil and natural gas volume, in barrel equivalents (BOE), from the eight countries where Petrobras has production assets, reached 232.485 bpd in November. The company’s exclusive oil production overseas was 128.662 bpd.

Tags:

You May Also Like

Brazil Is Number 1 in Demanding Private Info and Censorship on Google Services

Brazil and United States topped the list of nations demanding private information about Google ...

Another Brazilian Minister Bites the Dust Accused of Corruption

The wave of corruption shell shocking the Brazilian government reached Communications Minister Luiz Gushiken ...

All the Americas in Brazil Drawing Plans for Bird Flu War

Luiz Carlos Guedes Pinto, the executive secretary at the Brazilian Ministry of Agriculture, says ...

All Things Considered Soybean Is Still Gold for Brazilian Farmers

Despite growing pest problems and soaring fertilizer and transport costs Brazil’s soybean farmers will ...

New Brazilian Thermal-Electric Plant to Use Carbon Capture Technology

As announced by the Brazilian Development Bank (BNDES) on Thursday, May 21, the project ...

What Brazil Can Teach the World About Reform

Remarks by Anne O. Krueger, first deputy managing director of the International Monetary Fund ...

Couromoda, Brazil’s Number One Leathergoods Fair, Draws Over 60 Countries

Brazil's 2008 leather and shoe sector season has started today, January 14 in São ...

Something Wrong with Brazilian Democracy: Excessive Fraud or Intervention

The Brazilian TRE (Regional Electoral Court) strikes again! Last week, a TRE judge ordered ...

Brazilian Indian Chidren Get Vitamin A in Effort to Reduce Infant Mortality

Brazil’s National Health Foundation (Funasa) will begin giving some 10,000 Indian children in Xavantes ...

Fair Trade and Organic Cotton Opened the World to This Brazilian Company

Based in Petrópolis, a city in the Brazilian southeastern state of Rio de Janeiro, ...

WordPress database error: [Table './brazzil3_live/wp_wfHits' is marked as crashed and last (automatic?) repair failed]
SHOW FULL COLUMNS FROM `wp_wfHits`