Economy

Oil and gas output breaks record in August

Brazil's total production of oil and natural gas in August added up to a daily 2.89 barrels equivalent per day (boe/d)

Agência Brasil
06/10/2014 15:02
Oil and gas output breaks record in August Imagem: Agência Brasil Visualizações: 1525 (0) (0) (0) (0)

Brazil's total production of oil and natural gas in August added up to a daily 2.89 barrels equivalent per day (boe/d): 2.326 million barrels of oil per day (bo/d) plus 90.9 million m³ of natural gas everyday (m³/d). According to the National Agency for Petroleum, Natural Gas and Biofuels (ANP), this is the highest volume ever observed, surpassing the previous month, when the production of oil and natural gas amounted to 2.82 million boe/d.

 

ANP announced that the oil output also went beyond last month's 2.267 million bo/d. There has been a rise of 2.6% in the oil output compared to July 2014, and 15.7% against August, 2013. Its natural gas counterpart was 3.4% higher than the rate reported in July 2014 (87.9 million m³/d), and 18.1% above the figure for August 2013.

 

The presalt production expanded 11% compared to the previous month, totaling 647 thousand boe/d, or 533 thousand bo/d and 18.1 million m³/d of natural gas. The production stemmed from 35 wells, located in the oil fields of Baleia Azul, Baleia Franca, Jubarte, Barracuda, Caratinga, Linguado, Lula, Marlim Leste, Pampo, Sapinhoá, Trilha and in the areas of Iara and Entorno de Iara.

 

The use of natural gas in the month stood at 95%, and its burn rate at 4.549 million m³/d—an increase of approximately 1% against the month before, and 38.5% against August 2013. The main reasons for the increase in the amount of natural gas burnt were the platforms P-55 and P-62, located in the Roncador Field, which has recently become operational.

 

Most Read Today
see see
International
PortXL presents its 2026 cohort of 11 maritime startups ...
30/09/26
ADIPEC
ADIPEC 2026 set to welcome record Asian participation as...
29/09/26
ANP
Royalties: amounts referring to July production were dis...
29/09/26
25th WPC
Riyadh Takes Center Stage as Global Energy Heavyweights ...
28/09/26
ROG.e 2026
Petrobras president advocates active exploration and exp...
25/09/26
ROG.e 2026
Nikki Martin, president and CEO of EnerGeo Alliance, spo...
25/09/26
ROG.e 2026
Oil States Highlights Integration Between Engineering, M...
25/09/26
ROG.e 2026
Port of Açu and OceanPact sign agreement for expansion o...
25/09/26
ROG.e 2026
Lumina’s Role and the Impact of ROG.e 2026 on the Energy...
25/09/26
ROG.e 2026
Leaders Identify Brazil as a Pillar of Energy Security a...
24/09/26
ROG.e 2026
Firjan SENAI and Sebrae Rio Connect Small Businesses wit...
24/09/26
ROG.e 2026
PPSA Study Identifies Best Practices to Support Investme...
24/09/26
ROG.e 2026
ROG.e 2026 Reinforces the DE&I Agenda in the Energy Sect...
24/09/26
ROG.e 2026
IBP Launches Publication on Energy Companies’ Socio-envi...
23/09/26
ROG.e 2026
Industry Giants and Independent Producers Accelerate Pro...
22/09/26
ROG.e 2026
Firjan Attends ROG.e 2026 Opening Ceremony and Signs Tec...
22/09/26
ROG.e 2026
ROG.e 2026 Opening Ceremony Highlights Just Energy Trans...
21/09/26
ROG.e 2026
Global Leaders Position Brazil as a Hub of Stability, At...
21/09/26
ROG.e 2026
Exclusive Interview: Pelagus targets Brazil to strengthe...
21/09/26
ROG.e 2026
At ROG.e, Firjan SENAI Holds the 30th Edition of the Sup...
21/09/26
ROG.e 2026
ROG.e 2026 kicks off next Monday (21) with global energy...
19/09/26
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.