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31/01/2018 - 17:00hs

Pre-salt output exceeds post-salt for 1st time

Brazil produced 3.325 million daily barrels of oil equivalent in December. The pre-salt layer accounted for 50.7% of the total.

São Paulo – Brazil produced 3.325 million daily barrels of oil equivalent (boe) of oil and gas in December 2017. The pre-salt output, in ultra-deep water, reached 1.685 million boe/day, or 50.7% of the total. This means that, for the first time, pre-salt output surpassed post-salt output, as reported by the National Agency of Petroleum, Natural Gas and Biofuels (ANP) this Wednesday (31).

Oil output reached 2.612 million of daily barrels, up 0.7% over November, but a decline of 4.3% over December 2016. Natural gas output reached 113 million cubic meters per day in December 2017, down 0.03% over the previous month, but an increase of 1.4% over December 2016.

Last year, Brazil produced 957 million oil barrels, or 2.622 million of barrels per day, on average, an increase of 4% over 2016. With natural gas, output reached 40 billion cubic meters, or 110 million of cubic meters per day, up 6% in the same comparison.

*Translated by Sérgio Kakitani

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