Petrobras Says 3Q Brazil Oil Output Rises to 2.09M Barrels per Day


SAO PAULO, Nov 17 (Reuters) – Brazil's state-run oil firm Petroleo Brasileiro SA (Petrobras) produced an average of 2.09 million barrels of oil per day in Brazil in the third quarter, up 9 percent from the previous year, a securities filing showed on Monday.

Natural gas production of 441,000 barrels per day was up 7 percent while output of petroleum derivatives rose 4 percent to 2.204 million barrels per day.

Fifteen producing wells were connected in the third quarter, Petrobras said, adding that it expects 16 more producing wells to be connected in the fourth quarter.

(Reporting by Asher Levine; editing by Jason Neely)

Copyright 2016 Thomson Reuters. Click for Restrictions.


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Brent Crude Oil : $51.78/BBL 0.77%
Light Crude Oil : $50.85/BBL 0.83%
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