Field ramp-ups push Petrobras production to new high

Oct. 17, 2023
Petrobras has set a new quarterly oil and gas production record, achieving 3.98 MMboe/d during the third quarter from its fields offshore Brazil, 7.8% higher than in the second quarter.

Offshore staff

RIO DE JANEIRO, Brazil  Petrobras has set a new quarterly oil and gas production record, achieving 3.98 MMboe/d during the third quarter from its fields offshore Brazil, 7.8% higher than in the second quarter.

It also established a new monthly high for its operated production in September at 4.1 MMboe/d, 6.8% more than in August.

This was down mainly due to the ramp-up of production through the FPSO Almirante Barroso at the Búzios Field and the P-71 at the Itapu Fieldboth in the presalt Santos Basinand the Anna Nery and Anita Garibaldi FPSOs serving the Marlim and Voador fields in the Campos Basin.

Another factor was fewer platform maintenance stoppages.

In September, Petrobras’ operated presalt output reached a new benchmark of 3.43 MMboe/d.

10.17.2023

Courtesy SBM Offshore's "Full-year Results 2023" presentation
Courtesy Energean's "January 2024 Trading & Operations Update"
Courtesy BW Energy's "Fourth quarter and full year 2023 Presentation"