Brazilian oil and gas production fell in October, ANP points out

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National oil production dropped by 7.4% in October compared to November, and 3.3% when put into perspective with the same month last year. In natural gas, the retraction was 1.3% in both cuts.

The data were released this Thursday (2), in the monthly production bulletin of the National Agency for Petroleum, Natural Gas and Biofuels (ANP). The document highlighted that 97% of Brazilian oil production, and 81% of gas, was offshore.

Even with the drop, Brazil produced a daily average of 3.606 million barrels of oil equivalent per day. Of this total, 2.777 million barrels of oil per day and 132 million cubic meters of natural gas. The fields operated by Petrobras, according to the agency, were responsible for 93 of the productions of the two products in the country.

According to the regulatory agency, the main reasons for the drop were programmed stoppages in stationary production units. Mainly platforms P-75 and P-76, located in the Búzios field, and in the FPSO Cidade de Mangaratiba, floating production unit in the Tupi field, all in the Santos Basin.

The publication also points out that pre-salt production corresponded, in the period, to 73.2% of the extracted oil, the equivalent of 2.088 million barrels per day, extracted from 128 wells. The layer also accounted for 66.3% of Brazilian natural gas production: 87.6 million cubic meters per day.

Last Friday, the state-owned Pré-Sal Petróleo sold 55.7 million barrels of oil from the Union, related to exploration contracts through onerous transfers. Sales were carried out through the largest auction of this type ever to take place in the country, and took place at B3, the São Paulo Stock Exchange. Divided into four lots, the cargo was fully purchased by Petrobras, which presented the best proposals.

Reference: CNN Brasil

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