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Agência Brasil*
02/02/2012 - 18:32
Oil and Gas
Brazil's oil production rose by 2.5%
The country produced 768 million barrels of petroleum and 24 billion cubic metres of natural gas last year, according to the National Petroleum Agency. The figures are all-time highs.
Rio de Janeiro – In 2011, the 9,043 operating wells in Brazil produced 768 million barrels of oil and 24 billion cubic metres of natural gas. The figures are record highs, according to the National Petroleum, Natural Gas and Biofuels Agency (ANP, in the Portuguese acronym), and are equivalent to 919 million barrels of oil equivalent (boe). The result is a 2.5% increase compared with 2010, for oil, and a 4.9% increase for natural gas.
The Roncador Field, in the Campos Basin, had the highest oil output last year. The highest natural gas output was recorded at the Urucu River, in the Solimões River Basin, in the Amazon Forest. According to the ANP, 91.2% of Brazilian oil and natural gas production originates from fields operated by Petrobras.
On the brand new pre-salt frontier, nine wells are already operating, eight of which are already a part of the country’s 30 most productive wells. In the last ten years, Brazilian oil production grew by 45%, and natural gas production grew by 55%.
*Translated by Gabriel Pomerancblum
The Roncador Field, in the Campos Basin, had the highest oil output last year. The highest natural gas output was recorded at the Urucu River, in the Solimões River Basin, in the Amazon Forest. According to the ANP, 91.2% of Brazilian oil and natural gas production originates from fields operated by Petrobras.
On the brand new pre-salt frontier, nine wells are already operating, eight of which are already a part of the country’s 30 most productive wells. In the last ten years, Brazilian oil production grew by 45%, and natural gas production grew by 55%.
*Translated by Gabriel Pomerancblum
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