Brazil's O&G production inches up in June

Thursday, August 2, 2018

Brazil's overall oil and gas output reached an average of 3.313Mboe/d in June, slightly above the volume reported in May, hydrocarbons regulator ANP reported in a bulletin.

The figure included 2.590Mb/d of oil, 0.7% down on the previous month, and 115Mm3/d of gas, 2.7% higher than in May. In comparison with June 2017, oil production fell 3.2% and gas production was up 3.4%.

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Pre-salt fields off Brazil's southeast coast, where oil and gas lie up to 7,000m below sea level, delivered 1.763Mboe/d, down 4.2% compared with May. In total, 89 pre-salt wells produced an average of 1.405Mboe/d of oil and 57Mm3/d of gas in June, which means that the pre-salt areas account for 53.2% of total national oil and gas output.

The Lula field in the Santos basin was Brazil's most prolific area, with production of 835,000b/d of oil and 35.7Mm3/d of gas. The country's biggest production platform, FPSO Cidade de Maricá, operates in that field and delivered 145,500b/d in May through seven wells.

The watchdog's latest production bulletin is available here, in Portuguese.