Petrobras sets new records for pre-salt production

June 15, 2015

RIO DE JANEIRO -- Petrobras’ pre-salt production in May set two new monthly output records, the company said Friday. Production handled by the company, including both Petrobras and partner production, reached a new high of 726,000 bopd, up 1.6% on the April figure. This includes Petrobras’ own record output of 519,000 bopd, 3.2% up on the April figure. 

Domestic and foreign total oil and natural gas production in May 2015 was 2.766 MMboed, up 6.2% on the volume produced in May 2014 and down 0.7% on April.

In Brazil, Petrobras’ total oil and gas production in May totaled 2.574 MMboed, 0.8% lower than in April. The company’s exclusive oil production in Brazil was 2.111 MMbpd in May, 1% down on the April figure.

Production was impacted by a higher number of scheduled maintenance stoppages on platforms in May, in comparison to the previous month. This effect was partially offset by the start-up of the early production system in Atapu field (in the Transfer of Rights area), implemented on the FPSO Cidade de São Vicente in the Santos basin pre-salt. Production was also reinstated on platform P-58, in the Campos basin area known as Parque das Baleias, after completion of maintenance work in April.

Petrobras' natural gas production in Brazil, excluding liquefied gas, was 73.593 MMcmd, practically unchanged from April's figure of 73.370 MMcmd.

In May, 192,000 boed were produced abroad, 1.2% up on the previous month’s output of 190,000 boed, mainly due to the performance of gas wells in Hadrian South field in the North American Gulf of Mexico.

Average oil production abroad in May stood at 101,000 bpd, stable in comparison to the volume produced in April (102,000 bpd). Average natural gas production abroad was 15.3 MMcmd, 3.2% up on the 14.8 MMcmd produced in the previous month, mainly due to the performance of wells in the Hadrian South basin.

Connect with World Oil
Connect with World Oil, the upstream industry's most trusted source of forecast data, industry trends, and insights into operational and technological advances.