RIO DE JANEIRO – Petrobras achieved record production last year, averaging 2.28 MMb/d of oil and 2.84 MMboe/d of oil and gas.
The previous highs for the company, in 2015, were 2.23 MMb/d and 2.79 MMboe/d.
Presalt output last year accounted for 66% of last year’s output, totalling 1.86 MMboe/d (compared with 24% in 2015).
The results were 5% above the company’s original targets, and were due to the following factors:
- Production above the nominal processing capacity in the Búzios field, due to higher temporary availability of power generation and gas compression on the platforms
- Fewer interventions to combat CO2 corrosion in the submarine gas injection pipelines, helped by the development of new tools and inspection technologies
- Lower production declines at the Tupi and Sapinhoá fields due to improved reservoir performance
- Improved production efficiency and optimization of production stoppages at the platforms, despite the operational restrictions imposed by COVID-19.