In January, Petrobras’s average oil and natural gas production in Brazil and abroad reached 2,661,843 barrels of oil equivalent per day (boed), 5.4% higher than the volume registered for January 2010.

Fields in Brazil alone achieved average oil and gas output of 2,422,624 boed, a 6% increase on January last year. However, the January volume was 2.7% down on December last year, mainly due to scheduled platform shutdowns.

Oil output from domestic fields alone reached 2,069,342 barrels a day. This result is up 4.9% on the figure for January 2010, but shows a of 2.5% on output for December 2010, when Petrobras monthly output hit record levels.

Natural gas production in domestic fields reached 56,168,000 cubic meters a day, up 13.4% on the figure for the same month last year. In relation to the previous month, output remained stable.

Oil and natural gas volumes from countries where Petrobras operates reached 239,219 boed in January. This result was 0.4% down on December 2010, mainly due to a in gas output in Bolivia cause by a scheduled shutdown of one of the gas treatment plants. When compared to January 2010, there was a of 0.9%, due to a fall in gas output from Argentina, the result of natural decline and operational issues.

Natural gas output abroad was 14,997,000 cubic meters, a 2.9% in relation to last month’s volume and 5.8% down on January 2010.


Leave a Reply