São Paulo – Petrobras’ oil and gas production grew by 3.3% in October this year compared with the same month of last year, according to a statement issued by the company this Friday (25th). According to company figures, production in Brazil reached 2,359,325 barrels of oil equivalent (boed). The volume is higher than in October 2010, yet similar to the level seen in September this year, because the P-35 rig is undergoing maintenance.
Production also grew at Petrobras’ foreign fields. At 247,594 boed, the average production volume was 3.8% higher than in September this year. The reason, according to the state-owned oil company, was that production in the fields of Akpo, in Nigeria, and the South Basin, in Argentina, has been “normalized” and because a test was conducted at the Coulomb field, in the United States.
Considering domestic and foreign productions combined, Petrobras produced 2,606,919 boed, 2.9% more than in September this year. The main oil and ags producing states were Rio de Janeiro, at a daily average production of 1,583,868 boed, Espírito Santo (average of 360,803 boed), Amazonas (121,001) and Rio Grande do Norte (70,444).
Oil production alone, gas-related figures not included, reached 2,001,393 boed in October, 3.2% more than in October 2010. Natural gas production stood at 56.9 million cubic metres per day, 3.8% more than in the same period 2010, and oil-only production at foreign fields grew by 4.7% compared with September. Gas production grew by 2.4%.
*Translated by Gabriel Pomerancblum
