Petrobras produces record 1.5 million b/d of crude in December

Jan. 14, 2002
Petroleo Brasiliero SA produced a record 1,507,532 b/d of oil in December, up 6% from November. Most was produced in Brazil, though 38,414 b/d b/d came from overseas activity through international subsidiary Braspetro.

By an OGJ Online Correspondent

RIO DE JANEIRO, Jan. 14 -- Petroleo Brasiliero SA (Petrobras) produced a record 1,507,532 b/d of oil in December, up 6% from November.

Most was produced in Brazil, though 38,414 b/d b/d came from overseas activity through international subsidiary Braspetro.

Petrobras also produced 40,516 cu m of natural gas in December.

The company brought on stream three wells for the floating system that includes platforms P-40 and P-38. It also started production at three other wells, two in Espadarte field and one in Marlim field, all in the Campos basin.

As additional wells come on stream, especially in Marlim Sul field, Petrobras expects new oil output records. It anticipates Marlin Sul will produce 150,000 b/d by December 2002, vs. 78,000 b/d now.