Petrobras noted that, by only taking oil production in domestic fields into account, the rise was 5.2% over May 2007 and 0.7% compared to the previous month. This 12,000 barrel per day (bpd) difference is reportedly the outcome of new wells going online in the Campos Basin, at platforms P-52 and P-54, both in the Roncador field.
With four more platforms kicking off their operations in 2008, three of which are in the Campos Basin and one in Espirito Santo, 500,000 barrels will be added to the company’s production capacity per day. Furthermore, the five platforms that went online in 2007 are expected to reach their top capacity during 2008.
Natural gas production in domestic fields reached 49.55 million cubic meters (MCM) per day, 18.6% more than the 41.797MCM produced in May 2007.
Considering both the fields in Brazil and abroad, the company’s total oil and natural gas production averaged 2.36 million barrels of oil equivalent (boe) per day in May 2008, a 4.3% increase compared to the total registered a year ago and at the same level as Petrobras’s total production in April 2008.
The volume of oil and natural gas lifted in the eight countries where Petrobras has production assets was 201,762boe per day in May 2008, 9.9% less than the previous month’s mark.
