Petrobras reports January's oil and gas production

2/25/2019

RIO DE JANEIRO -- Petrobras informs that in January its total production of oil and gas, including natural gas liquids (NGL), was 2.61 MMboe/y, of which 2.54 MMboed produced in Brazil and 73 Mboed abroad.

The company's total operated production (Petrobras and partners’ share) was 3.27 MMboed, of which 3.17 MMboed in Brazil.

Compared to the previous month, there was a decrease mainly due to the maintenance of the P-74, FPSO Cidade de Mangaratiba and FPSO Cidade de Sao Paulo platforms, located respectively in the fields of Búzios, Lula (Iracema Sul area) and Sapinhoá, in the pre-salt of the Santos Basin, and in the FPSO Cidade de Niteroi platform, located in the Marlim Leste field, and the P-58 platform, in Parque das Baleias, both in the Campos Basin.

The company keeps its commitment to the production target disclosed in the 2019-2023 Business and Management Plan, in view of the production ramp-up of platforms that have already started operation this year (P-67 in the Lula field, and P-76 in the Buzios field) and the start up of two new units planned for 2019.

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