Petrobras’ domestic oil output declines in January

Brazilian oil company Petrobras saw a drop in its domestic oil production in January when compared to December figures. 

Petrobras said on Wednesday that its total oil and natural gas production in January was 2.70 million barrels of oil equivalent per day (boed), with 2.60 million boed produced in Brazil and 97 thousand boed produced abroad.

Total production operated by the company (portions of Petrobras and partners) was 3.31 million boed, with 3.19 million boed in Brazil.

According to Petrobras, the average oil production in the country was 2.10 million barrels per day (bpd), one percent lower than the volume produced in December 2017.

The company explained that the result was mainly due to the maintenance stoppages of FPSO Capixaba, which operates in Parque das Baleias in the Campos Basin, and the sale of a 35% stake in the Lapa field in the BM-S-9A block in the Santos Basin pre-salt to Total.

The production of natural gas, excluding the liquefied volume, was 78.7 million m³/d, one percent above the numbers from December 2017.

January oil production in the fields abroad was 61 thousand bpd, in line with the month before, while the natural gas production was 6.2 million m³/d.