30 Jun '12, 10am

Petrobras oil and gas output up 1.9% in May from April

Petrobras oil and gas output up 1.9% in May from April 30 June 2012 Petrobras announced that its average domestic and foreign oil and natural gas output in May was 2,601,223 barrels of oil equivalent per day (boed), up 1.9% on the figure for April. Fields in Brazil produced an average 2,350,476 boed, a rise of 2% on the previous month’s output. Foreign output stood at 250,747 boed, an increase of 1.7% on April. Domestic output included 1,989,210 barrels/day of oil, up 1.4% on oil output in April. This increase is primarily due to the return to operation of platforms under maintenance during April and start-up of an additional production well connected to FPSO Cidade de Angra dos Reis, in the Santos Basin pre-salt Lula Field. In May, natural gas output rose to 57,437,000 m3 /day, an increase of 4.9% on the 54,748,000 m3 /day produced in April. Average foreign oil output in ...

Full article: http://www.greencarcongress.com/2012/06/petrobras-2012063...

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