Petrobras reports that in 2018, its total production of oil and gas, including natural gas liquids (NGL), was 2.63 MMboed, of which 2.53 MMboed produced in Brazil and 101,000 boed abroad. Petrobras’ own production of oil in Brazil was 2.03 MMbpd.
The annual average of the company's total operated production (both Petrobras and partner’s share) in 2018 was 3.29 MMboed, of which 3.16 MMboed in Brazil.
The production of oil and natural gas in 2018 is in line with the goal established for this year in the company's Business and Management Plan, which projects 2.8 MMboed in 2019.
In December 2018, the total production of oil and gas, including natural gas liquids (NGL), was 2.70 MMboed, of which 2.64 MMboed produced in Brazil and 63,000 boed abroad.
The company's total operated production (both Petrobras and partner’s share) was 3.4 MMboed, of which 3.3 MMboed in Brazil.
With regards to the previous month, there was a 3.3% increase in production, mainly due to the interconnection of new wells in the FPSO Cidade de Campos dos Goytacazes, located in the Tartaruga Verde field, in the post-salt of the Campos Basin, as well as the end of the maintenance stoppages at the FPSO Cidade de Ilhabela, located in the Sapinhoa field, in the pre-salt of the Santos Basin, and the P-18 platform, located in the Marlim field, in the Campos Basin.
Source: World Oil
Venezuela oil sector hit by loss of its widest US license
bp Begins Oil Production From Major New Platform Offshore Azerbaijan
WTI crude oil forecast: Price action unconvincing despite strong tailwinds, fat tail risks
SLB picks up three contracts from Petrobras