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 volume 13, issue #17 - Tuesday, September 23, 2008

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Production at Petrobras remains stable

22-08-08 Petrobras's oil and natural gas production in Brazil and abroad in July was about 2.42 mm boepd, 3.9 % more than a year ago and stable compared to the volume produced in the previous month.
Considering only the fields in Brazil, total production averaged nearly 2.2 mm boepd, 5 % more than July 2007 and stable compared to June 2008.

Only taking oil into account, total daily production in Brazil and abroad reached almost 2 mm bpd, 2.5 % more than a year ago and basically the same as in June 2008.
Petrobras's gas production in Brazil, not including the liquefied volume, surged 18.7 % over a year ago, to 1.85 bn cf, a volume that was stable compared to the previous month's mark. In July, the international oil and gas production was 224,559 boe, a 3 % increase over June 2008, but 5.7 % less than a year ago.

Source: http://www.energycurrent.com



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