Rio de Janeiro, August 15, 2017 – Petróleo Brasileiro S.A. – Petrobras reports that its total oil and natural gas production in July was 2.74 million barrels of oil equivalent per day (boed), 2.63 million boed of which produced in Brazil and 114 thousand boed produced abroad.

The average oil production in the country was 2.12 million barrels per day (bpd), a volume 3.3% lower than in June. This result is due mainly to the scheduled stoppage of platform P-58, which operates in the Jubarte, Baleia Anã, Baleia Azul, and Baleia Franca fields, in the Campos Basin.

Meanwhile, natural gas production in Brazil, excluding the liquefied volume, was 80 million m³/d, 0.4% below the previous month.

Pre-salt production

In July, the oil and natural gas production operated by Petrobras (wholly-owned and partner shares) in the pre-salt layer was 1.61 million boed, a volume 4.3% lower than the previous month. This result is due mainly to the scheduled stoppage of P-58.

Oil and gas production abroad

Oil production in overseas fields was 65 thousand bpd in July, in line with the previous month.

Natural gas production was 8.4 million m³/d, 2.9% above the volume produced in June. This increase resulted mainly from higher demand for Bolivian gas.