Platform stoppages hit Brazil oil production

Thursday, December 1, 2016

Brazilian crude oil production fell in October amid maintenance work at several offshore platforms, industry regulator ANP said on Thursday.

Oil output totaled 2.62Mb/d, down 1.8% from the previous month, ANP said in a bulletin. Natural gas output also dipped 1.8% to 109Mm3/d.

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"The fall in oil and gas production owes to maintenance stoppages on some platforms, particularly the Cidade Angra dos Reis FPSO [floating production, storage and offloading unit] at Lula field," the agency said.

Production from pre-salt fields, located up to 7km below the Atlantic, averaged 1.42Mboe/d, down 2.7% from the September figure.

Offshore blocks were responsible for 94.7% of oil and 77.1% of natural gas. Fields operated by state-run firm Petrobras delivered 93.3% of overall oil and gas output.

Lula field in the Santos basin was the highest producer of both oil and natural gas, contributing 629,500b/d and 27.5Mm3/d.