Petrobras sets production record

Petrobras' oil production in Brazil was a record 1,854,748 b/d in December 2007, up 5.3% from the previous month.

Offshore staff

RIO DE JANIERO, Brazil -- Petrobras' oil production in Brazil was a record 1,854,748 b/d in December 2007, up 5.3% from the previous month. The 94,000-b/d surge was achieved as a result of platform P-54 and new wells at platforms P-52 and FPSO Cidade de Vitória going online. The P-54 and the P-52 are in the Roncador field, in the Rio de Janeiro Sea, while the FPSO Cidade de Vitória, is in the Golfinho field, off the Espírito Santo coast.

On Dec.25, 2007, the company set another production record, when it lifted 2,000,238 barrels, 87,500 barrels more than the previous record that had been set on Oct. 23, 2006. The average oil production in domestic fields in 2007 was 1,792,000 b/d, 0.7% more than a year ago, when 1,778,000 b/d were produced.

01/15/2008

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