Petrobras production of oil and natural gas in August was 2.54 MMboepd

10/1/2012

Petrobras production of oil and natural gas in August was 2.54 MMboepd

RIO DE JANEIRO -- Petrobras has announced its oil and natural gas production in August, 2012.

Petrobras’s average oil and natural gas production in Brazil and overseas in August was 2,544,250 boed. Fields located in Brazil produced 2,305,890 boed, down 0.4% when compared with the previous month. Scheduled maintenance shutdowns in two platforms of Campos basin - P-52 (Roncador) and FPSO-Cidade de Niteroi (Marlim Leste) – were primarily responsible for the decrease. Total output abroad was 238,360 boed, which corresponds to a 0.4% decrease from July.

Of the total produced in Brazil, 1,927,724 bpd were exclusively of oil. In August, non-liquefied natural gas output reached 60 MMTcm, 1%, higher than the volume produced in July.

Average output abroad, exclusively of oil, reached 147,215 bpd, up 0.1% against the previous month. Natural gas output reached 15 million 485 thousand cubic meters per day, down 1.3% against July. This decrease was due to lower demand for Bolivian gas.

The total production disclosed to the Brazil’s National Agency of Petroleum, Natural Gas and Biofuels (ANP) was 9,167,603,10 cu m of oil and 2,181,158,04 cu m of gas in August of 2012. This output corresponds to the total production of the concessions where Petrobras is the operator. It does not include volumes of shale, NGL and the production of partners where Petrobras is not the operator.

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