Petrobras Sets Daily Production Record, Exceeds 2 Million Barrels
On Dec. 25, Petrobras set another daily oil production record in Brazil: 2,238,000 barrels, a mark few companies in the world have reached. The record is the outcome of six new platforms going online in 2007 alone.
At peak production, the six new platforms will add 590,000 barrels to the installed capacity (maximum lifting capacity the units were designed for) in Brazilian fields. The previous record had been set on October 23 2006, at 1,912,000 barrels.
Platform P-54, which kicked production off on December 11 in the Roncador field, in the Campos Basin (RJ), was the latest of the six units to go online this year. At top production, foreseen for the second half of 2008, it will add 180,000 barrels per day (bpd) to domestic production.
Last November, the company had already started operating two other large production units: P-52, also in the Roncador field and with the same total production capacity as the P-54; and FPSO Cidade de Vitória, installed in November in the Golfinho field, Espírito Santo Basin, capable of lifting 100,000 bpd.
In addition to these three units, the FPSO Cidade do Rio de Janeiro went online in January, capable of lifting 100,000 bpd in the Espadarte field, in the Campos Basin; the Manati platform, in the field of the same name, in Bahia, capable of producing up to 6,000,000 cubic meters of gas per day; and, in October, the Piranema platform, with capacity to lift 30,000 bpd of light oil, off the Sergipe coast.
Although more than 80% of the oil Petrobras produces in Brazil comes from offshore fields, onshore production has an important role too. The average onshore field production has hovered over 230,000 barrels per day, a volume that has been being maintained in the past few years thanks to the new technologies the company has been developing to increase mature field useful lives. Furthermore, the company is foreseeing considerable onshore production growth in the upcoming years.
The pace at which new oil production systems are going online in the company's portfolio will continue intense in 2008. Three new oil platforms and one gas platform are scheduled for deployment: the P-51, in the Marlim Sul field, capable of lifting 180,000 bpd; the P-53, in Marlim Leste, also designed to lift 180,000 bpd, and FPSO Cidade de Niterói, in the Marlim Leste field (Campos Basin), at 100,000 bpd. And, finally, there is also the FPSO Cidade de São Mateus, which will lift gas from the Camarupim field (Espírito Santo Basin) and was designed to produce 10,000,000 m3 per day. It must also be emphasized that the P-51 is the first platform built entirely in Brazil.
Operates 35 Offshore Rigs
Manages 12 Offshore Rigs
- Brazil Regulator Allows Petrobras To Source Libra Rig Hull From Abroad (Oct 04)
- Exxon's Big Bet on Brazil Oil Could Signal Major Pre-salt Role (Sep 29)
- Exxon Mobil Bets on Brazil, Buys 10 Oil Blocks in Auction (Sep 28)