Geologist Jorge Figueiredo notes that Brazil produces 3.5 mi barrels of oil per day, significantly exceeding its domestic consumption of around 2.5 mi barrels a day.
Brazil’s output reached 4.698 mi barrels of oil equivalent per day, surpassing September’s 4.666 mi. The announcement was published by national oil agency ANP.
The vessel will drill the Pitu Oeste well, in the Potiguar Basin. It left Rio de Janeiro Tuesday and should start drilling later this month. The work is expected to last three to five months.
The total stood at a daily 4.482 mi barrels of oil equivalent. In the same month, a new record was set for total production (oil plus natural gas), as well as for oil and natural gas taken separately and for pre-salt production.
The output stood at 4.324 mi barrels of oil equivalent per day. Of these, 3.367 mi were oil and 152.258 mi cubic meters were natural gas, as per the latest monthly report by oil agency ANP.
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