Petrobras striving for higher production in 2019

Petrobras produced on average 2.63 MMboe/d of oil and gas last year, including natural gas liquids.

Offshore staff

RIO DE JANEIROPetrobras produced on average 2.63 MMboe/d of oil and gas last year, including natural gas liquids.

Of this, 2.53 MMboe/d came from the company’s fields in Brazil and 101,000 boe/d from fields elsewhere. This year it is targeting total production of 2.8 MMboe/d.

Main highlights from 2018 were the start-up of four new production systems: theP-74 and P-75 platforms over the Búzios field in the presalt Santos basin; the P-69 platform at the Lula field in the same sector; and the FPSO Cidade de Campos dos Goytacazes over the Tartaruga Verde field in the post-salt Campos basin.

Petrobras also completed 10 years of presalt output, and achieved a new high of 96.6% of gas utilization in Brazil.

At the same time the company pushed through divestments in the Lapa, Sururu, Berbigão, Oeste de Atapu and Roncador fields, and the joint venture of Petrobras America (with Murphy Exploration & Production).

In December, the company achieved a 3.3% increase in production, mainly due to new wells flowing to the FPSOCidade de Campos dos Goytacazes, and cessation of maintenance stoppages at the FPSO Cidade de Ilhabela, serving the Sapinhoa field, and the P-18 platform at the Marlim field.

01/16/2019

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