Petroleo Brasileiro Petrobras : Check out our oil and natural gas output in May

In May, our total oil and natural gas output was 2,80 million barrels of oil equivalent per day (boed), of which 2.68 million boed produced in Brazil and 120,000 boed abroad. The average oil output in the country was 2.18 million barrels per day (bpd), 3.9 percent more than in April.

The outcome is mainly due to production getting underway at another project, in the southern area of the Lula field, in the Santos Basin, through platform P-66, on May 17; to the resumption of production at platforms P-37 (Marlin field, in the Campos Basin) and FPSO Cidade de Angra dos Reis (Lula field), as well as to a new production well coming on stream in the Marlim Sul field, In the Campos Basin.

Natural gas production in Brazil, excluding the liquefied volume, was 78.9 million cubic meters per day, 0.5 percent more than in the previous month.

Production in the pre-salt

In May, the oil and natural gas output we operate (own and partner portions) in the pre-salt layer added up to 1.57 million boed, 5.1 percent more than the previous month's. This result was mainly due to the start of production at the Lula Sul project, through the P-66, and to the return to production after the maintenance shutdown at the FPSO Cidade de Angra dos Reis platform.

It is important to note that in comparison with May 2016, there was a 37 percent increase in output at the pre-salt layer.

Oil and gas production abroad

Oil output at overseas fields was 65,000 bpd, up 1 percent compared to the previous month's mark. This outcome was mainly due to production starting at a new well in the Saint Malo field, in the USA.

Natural gas production was 9.3 million cubic meters per day, 3 percent less than the April 2017 output. This reduction was mainly due to the lower demand for gas production in Bolivia.