Wednesday, December 1st 2010 - 03:30 UTC

Brazil’s natural gas production record in October: 65 million cubic metres per day

Brazil's natural gas output reached a record 65 million cubic meters a day in October, up 9.3% from the same month in 2009, Brazil's National Petroleum Agency, or ANP, said Tuesday. The gas output was also 1.64% higher than in September, ANP said.

 Massive deposits offshore are making Brazil an oil/gas superpower

October output of oil and gas combined were, however, virtually stable from last year's levels. Output at 2.406 million barrels of oil equivalent per day was just 0.36% higher than in October 2009 and stable compared with September 2010's output, the agency said.

Fields operated by Petroleo Brasileiro SA (PBR, PETR4.BR), or Petrobras, accounted for 92.4% of total output.

Brazil's oil output in October was about 1.998 million barrels a day, ANP said.

Presalt production areas provided 43,978 barrels a day of oil and 1.607 million cubic meters a day of natural gas, ANP said.

 

No comments for this story

Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!

Advertisement

Get Email News Reports!

Get our news right on your inbox.
Subscribe Now!

Advertisement