Petrobras reported a 2.6% year-over-year increase in crude oil production for the second quarter, driven by ramp-up at several offshore platforms and new well completions.
Petrobras saw its crude oil production increase by 2.6% year-over-year to 2.156 million barrels per day bpd in the second quarter, the Brazil ian state oil and gas giant said in a production and sales report. Output of crude oil and natural gas liquids NGL was 3.6% lower compared to the first quarter of the year, due to scheduled maintenance at some platforms in the second quarter. Total oil and gas production rose by 2.4% to 2.
But output was down compared to the first quarter due to “the higher volume of losses due to scheduled stoppages and maintenance, unplanned interventions in large machines on the Búzios platforms such as gas compression systems and turbogenerators,” the company said. Petrobras’s production is set to rise in the second half of the year, as FPSO Marechal Duque de Caxias arrived in Brazil and, in June, it was anchored in the Mero field in pre-salt Santos Basin.
Brazil Oil Production Pre-Salt FPSO OPEC+ Crude Oil Natural Gas Liquids Output Production Increase
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