Economy

Brazil Posts Record Crude Output in June

Brazilian crude oil production in June came in at a record daily average of 2.25 million barrels

Latin American Herald Tribune
11/08/2014 13:17
Visualizações: 1187 (0) (0) (0) (0)

Brazilian crude oil production in June came in at a record daily average of 2.25 million barrels, up 2.6 percent from May and an increase of 6.9 percent over June 2013, the National Petroleum Agency (ANP) said Thursday.

 

The previous record, 2.23 million bpd, was set in January 2012.

 

The ANP compiled data from the 24 companies that produce oil and gas in Brazil in 303 concession areas.

 

Natural gas output in June rose to 86.6 million cubic meters a day, up 8.2 percent from the same month of last year and 2.4 percent more than the average for May, the ANP said.

 

Total crude and natural gas production in Brazil, meanwhile, rose in June to an average of 2.79 million barrels of oil equivalent a day, also a new record.

 

Higher Brazilian oil and natural gas output is the product of steadily increasing production from the ultra-deep-water pre-salt region, a massive new hydrocarbons frontier that Brazil is counting on to transform it into a major crude exporter.

 

Pre-salt production in June totaled 583,200 barrels, up 6.2 percent from May.

 

State-controlled oil giant Petrobras, Brazil’s largest company, accounted for 90.4 percent of the country’s total oil and natural gas production in June, the ANP said.

 

In addition, 92.4 percent of Brazil’s oil production and 73.5 percent of its natural gas output that month came from offshore blocks.

Most Read Today
see see
Petrobras
Museum of Petroleum and New Energies will operate in the...
19/03/26
Macaé Energy
Macaé Energy: debates focus on the strategic role of nat...
18/03/26
Macaé Energy
Macaé Energy 2026 strengthens the municipality’s positio...
17/03/26
Macaé Energy
With record-breaking attendance, the Macaé Energy trade ...
17/03/26
Offshore Technology & Subsea Engineering
Trendsetter Vulcan Offshore Customizes Tethered BOP Tech...
17/03/26
Macaé Energy
FIRJAN: Technical Conference is a Highlight of Macaé Ene...
16/03/26
Permanent Offer
Inclusion of 15 New Blocks in Permanent Offer (OPP) Bid ...
14/03/26
Rio de Janeiro
Rio City Hall Signs Agreement to Transfer Automóvel Club...
13/03/26
Result
Porto do Açu Sets Historic Record in Cargo Handling
13/03/26
Environment
Following COP30, IBP Organizes Meeting to Debate Brazil'...
13/03/26
Jet Fuel
Resolution Approved to Revise Aviation Kerosene Quality ...
13/03/26
Biofuels
ANP to Participate in Research Project on Increasing Bio...
13/03/26
Results
Petrobras Paid R$ 277.6 Billion in Taxes and Government ...
13/03/26
North Sea
Two new discoveries in the North Sea
11/03/26
Macaé Energy
At Macaé Energy 2026, FIRJAN Promotes Special Edition of...
09/03/26
iBEM26
Innovation, ESG, and Sustainability
06/03/26
iBEM26
Artificial Intelligence drives increased demand for elec...
02/03/26
FIRJAN
Despite Tariff Hikes, Oil Drives Rio's Trade Flow Up 9% ...
27/02/26
Royalties
December Production Royalty Payments Distributed to Stat...
26/02/26
Award
BRAVA Energia Wins Top Honor at OTC Houston for Atlanta ...
26/02/26
Strategic Agenda
ABPIP Presents 2026 Strategic Agenda to Chairman of the ...
26/02/26
VEJA MAIS
Newsletter TN

Contact us

We use cookies to ensure you have the best experience on our website. If you continue to use this site, we will assume that you agree with our Privacy Policy, terms of use and cookies.