Brazil’s Daily Oil Pumping Puts Petrobras Among World’s 8 Largest Oil Firms

    Petrobras plant in Brazil

    Petrobras plant in Brazil Brazil's state-controlled oil multinational Petrobras announced Wednesday, December 26, in its end of the year summing up, that it has set another daily oil-production record in Brazil: 2.238,000 barrels, a mark only eight companies in the world have reached.

    The result was celebrated in a ceremony attended by Petrobras CEO, José Sérgio Gabrielli de Azevedo; Exploration & Production director, Guilherme Estrella; Service director Renato Duque and International director, Nestor Cerveró, in addition to executive managers José Antônio de Figueiredo (E&P/South-Southeast), and Solange da Silva Guedes (E&P/North-Northeast), among others.

    "The daily production record, above 2 million barrels of oil per day, is an absolutely extraordinary feat. This mark puts Petrobras among the world's biggest companies. We have now surpassed the self-sufficiency level that is fundamental to Brazil. The P-54 rig going online is a synthesis of all the team's efforts," said director Guilherme Estrella.

    Petrobras top officials visited the P-54 plant to uncover a plate celebrating the record and the beginning of oil extraction at the Roncador 63 well.

    To achieve the over two million bpd mark in 2007 Petrobras had six new platforms online and, at peak production, they will add 590.000 bpd to the current installed capacity 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 belonging to the Campos Basin (Rio de Janeiro state), 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 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 similar 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, 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 also plays an important role. The average onshore field production has hovered over 230.000 bpd, a volume that has been sustained in the past few years with new technologies to increase mature field useful lives.

    For 2008 Petrobras is planning to put on line three new oil and one gas platforms: 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. P-51 is the first platform to be built entirely in Brazil.

    Mercopress

    Tags:

    • Show Comments (9)

    • ch.c.

      What a junkie this Canadaian Guy “OVER 50 COUNTRIES PRODUCE OIL, Being number 8….. Damn Good! ”
      You are mixing up Countries stats with Companies stats !
      Proof that you too is an idiot !
      Far more than 7 countries produce more oil than Brazil.
      the number 8 ranking was NOT for the country rankings.

      But with idiots like you, no doubt your comments can be just as idiots as the commentator himself !

      😀 😉

    • ch.c.

      To ALL !!!!!
      Your brilliant stats prove that America is still producing FAR MORE oil than the countries YOU mentionned, nicluding Brazil !

      The article referred to the oil PRODUCTION……..and NOT the oil……CONSUMPTION !

      Smile

    • ch.c.

      To the Nooo Brain Eduardo C. “And what produce cacauland??
      Ohhh dont worry for us.
      Our GDP per capita is TEN times ….bigger than Yours.
      Our exports per capita….. is 30 times bigger than Yours.

      Sorry for you…..Noooo Brain !

      😀 😉 😀 😉 😀 😉

    • Eduardo C.

      alce do papai noel
      Vc poderia ter umas aulinhas com o pessoal do FSB 😉 😛 😉

    • Eduardo C.

      Alce do papai noel
      O CIA ..de onde vc tirou esses dados ridÀƒ­culos?? Vc nÀƒ£o sabe que o Brasil produz mais do que consome? Ohh i forgot.. ITÀ‚´S CIA 😉 😉

    • Eduardo C.

      And what produce cacauland?? Stop to eat sweet this fat a s s 😉

    • That Canadian Guy

      CIA Fact Book
      United States of America
      Oil – production:
      7.61 million bbl/day (2005 est.)
      Oil – consumption:
      20.73 million bbl/day (2004 est.)

      Brasil
      Oil – production:
      1.59 million bbl/day (2006 est.)
      Oil – consumption:
      2.1 million bbl/day (2006 est.)

      OVER 50 COUNTRIES PRODUCE OIL, Being number 8….. Damn Good!

      America’s unending desperation for foreign oil…..PRICELESS

    • ch.c.

      to Eduardo C. !!!!!! Laugh….laugh…Laugh …….
      Go again to basic school, YOU NEED IT, because your 2 millions bpd production in Brazil….IS STILL A SMALL FRACTION OF WHAT THE USA PRODUCES !!!!!!

      Red faced ? Normal this is what idiots do on a pemanent basis !
      😀 😉 😀 😉 😀 😉 😀 😉 😀 😉 😀 😉 😀 😉

    • Eduardo C.

      PETROBRAS
      A Petrobras ficou neste ano entre as dez empresas mais respeitadas do mundo, segundo ranking elaborado pelo americano Reputation Institute. A empresa ficou na 8À‚ª colocaÀƒ§Àƒ£o, com 82,19 pontos –em uma escala de 100 pontos–, um avanÀƒ§o impressionante se considerada a colocaÀƒ§Àƒ£o em 2006, 83À‚º (subindo 75 posiÀƒ§Àƒµes).E passou a shell no valor de mercado,depois da descoberta do campo Tupi. Relaxa e goza, gringÀƒ£o gorducho Laugh Laugh Laugh . Mais poderia ser bem melhor, se o lula nÀƒ£o ficasse mamando nas suas tetas.

    Your email address will not be published. Required fields are marked *

    comment *

    • name *

    • email *

    • website *

    This site uses Akismet to reduce spam. Learn how your comment data is processed.

    Ads

    You May Also Like

    Brazilian Bank Invests Overseas to Win U.S. Markets

    Brazil’s National Economic and Social Development Bank (BNDES) made its first disbursement from a credit ...

    After 9/11 No One Can Live Safe Inside a Fortress, Says Brazilian IPPF Director

    Universal access to sexual and reproductive health services can help eliminate the poverty cycle, ...

    Agreeing on Non-Proliferation Agenda Is Tiny Step, Says Brazil

    Nearly halfway through a four-week conference reviewing the Nuclear Non-Proliferation Treaty (NPT), delegations meeting ...

    Factory in Brazil

    Government Gives Brazilian Companies a Break and Cuts Interest Rates

    Measures announced June 29 by the government of Brazil to stimulate the economy will ...

    US Securities and Exchange Commission

    US Authorities Tackle Brazil’s White Collar Criminals

    Brazilian and foreign shareholders must be wondering why decisive punitive action in an insider ...

    Brazil Probes Ozone Layer in Search of Climate Changes Answers

    Today marks the end of an international mission, the Equatorial Large Balloon Campaign (Campanha ...

    Banks Upbeat about Brazil

    Brazil Central Bank’s latest weekly survey of how 100 financial institutions and consultancy firms see ...

    Sankay before and after the mudslide

    Three Days of Rains Have Already Killed Over 50 in Rio

    In Rio, Brazil, mudslides caused by heavy rains have killed at least 30 people ...

    Haitian refugees in Brazil

    Brazil Gets 5000 Requests for Asylum. Half of Them Are Denied.

    The number of refugee status requests to Brazil is increasing and some of the ...

    Book cover

    Brazil Empire Through the Eyes of an Arab Imam

    This is the only known record of the outlook of a Muslim Arab into ...