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Petrobras exceeds production of 1.9 million barrels
of oil per day in Brazil
Petrobras P18Petroleumworld
CARACAS
Petroleumworld.com 10 25 06
PETROBRAS Brazil's oil company, announces that on October 23 2006, domestic oil output reached a record production of 1,912,733 barrels. This surpasses by 30,000 barrels the previous record of 1,882 thousand barrels set at the end of May of this year.
This achievement is principally a reflection of the maintenance of production at the onshore fields and the start-up of activities at three new wells interconnected to platform P-50 in the Albacora Leste field in the Campos Basin. With these additional wells, P-50 has already reached a production of approximately 150,000 bopd. The interconnecting of a further four wells to this same platform is nearing completion, at which point over the next few weeks, P-50 should reach its maximum planned production capacity of 180,000 bopd.
For Petrobras, this most recent progress represents one more decisive step towards meeting the target of 2 million bopd forecasted for the end of the year, following the entry into operation of a further two platforms in the Campos Basin: P-34 in the Jubarte field, scheduled for November with a potential of 60,000 bopd and FPSO Cidade do Rio de Janeiro in the Espadarte field in December with a production capacity of up to 100,000 bopd.
Petroleumworld 24 10 06Copyright© 2006 Petroleumworld. All Rights Reserved.
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