Petrobras’s oil output in Brazil set record in 2011

Jan 20, 2012 12:00 AM

Petrobras’s average oil and natural gas output in Brazil reached a record volume of 2,376,359 boepd in 2011, 1.6 % up on the 2010 output.
Oil production alone also set an annual record with a daily average of 2,021,779 barrels, exceeding the 2010 production by 17,607 barrels.

Last year, the Company produced 56,374,000 cm of natural gas per day (not including liquefied gas) in Brazil, 6.2 % up on the 2010 figure.
Including the volume from the fields in countries where Petrobras has operations, in 2011 the Company's total daily average rose to 2,621,209 boepd, 1.4 % up on the 2010 production.

Abroad, natural gas output averaged 16,538,000 cmpd in 2011, up 3.3 % on the 2010 production. Meanwhile, the average oil output in 2011 was 147,511 bpd, 2.5 % below the 2010 figure.
Total output in barrels of oil equivalent overseas reached 244,850 boepd, 0.2 % less than in 2010.

December output in Brazil
Petrobras registered the following daily output averages in Brazil in December 2011:

  • Oil: 2,084,262 bpd, up 1.1 % on the previous month
  • Natural gas (not including liquefied gas): 60,664,000 cm, up 5.3 % on November
  • Oil and gas: 2,465,828 barrels of oil equivalent, 1.7 % higher than the 2,423,118 barrels from November

Oil output rose in December due to new wells coming on stream at platforms P-57 (Jubarte) and P-56 (Marlim Sul), both in the Campos Basin, and to increased production rates at FPSO Angra dos Reis, in the Lula field, Santos Basin pre-salt cluster.

International output in December
In December 2011, Petrobras recorded the following daily production averages abroad:

  • Oil: 152,849 bpd, steady compared to November
  • Natural gas: 16,503,000 cm, 4.0 % below the mark set in the previous month
  • Oil and gas: 249,981 boepd, a slight 1.6 % dip compared with November 2011

The lower gas output and overall volume (oil and gas) derived from the decreased demand in the Bolivian consumer market.

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