Monday, 3 June 2013

Petrobras output goes up

Brazilian state-controlled oil company Petrobras said its domestic oil output climbed 4.2 percent in April compared to the previous month to a daily average of 1.92 million barrels.
In a statement, Petrobras said the figures only included fields where the company is the operator and does not include others where it merely has an ownership stake in a block.
Including natural gas production, Petrobras' domestic hydrocarbons output in April totaled 2.31 million barrels of oil equivalent per day, up 3 percent from March. That figure also does not include output at fields operated by other companies.
Including production outside Brazil, which fell by 1.3 percent between March and April, Petrobras averaged 2.55 million boe per day in April, up 2.7 percent from the previous month.
Petrobras attributed the result to the "full return" to operation of three platforms in the Campos basin, which had been out of service after undergoing scheduled maintenance, and to increased production volumes at the Bauna field.

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