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Petrobras production from pre-salt fields reaches milestone 800.000 bpd

Friday, May 15th 2015 - 07:32 UTC
Full article 8 comments

Brazil’s Petrobras said that oil production in Santos and Campos basin pre-salt fields reached a milestone production volume of 800Mbbl/d. The volume was recorded on April 11, with 74% (590Mbbl/d) Petrobras’ share with the remainder belonging to partner companies working in different pre-salt areas. Read full article


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  • Brasileiro

    As said the old Getúlio Vargas: O PETRÓLEO É NOSSO!

    May 15th, 2015 - 11:30 am - Link - Report abuse 0
  • ChrisR

    More money for Lula and DumbAss Dilma!

    May 15th, 2015 - 11:35 am - Link - Report abuse 0
  • Jack Bauer

    @1 brasshole
    And the “NOSSO” meaning whom ? Lulla, Dilma and the PT, OR the Brazilian people ???

    May 15th, 2015 - 07:12 pm - Link - Report abuse 0
  • GeoffWard2

    The 800Mbbl/d output was reached just eight years after first oil was discovered in the pre-salt layer in 2006, Petrobras said.
    This took less time than it did to meet the same output level in other offshore areas, the company added.
    It took Petrobras 40 years and 6,374 wells to reach 800Mbbl/d throughout Brazil.
    The same output level was reached in the Campos Basin after 24 years and 423 wells.

    Petrobras has gone from Latam's most profitable company
    to the second-worst performer after Mexican state oil company Pemex .
    Petrobras is still Latam's top company but fell to second-worst performer because of massive from Brasil's P.T. corruption machine.

    May 16th, 2015 - 11:25 am - Link - Report abuse 0
  • Brasileiro

    The corruption that existed in Petrobras was much older than the PT. You should not imagine that corruption in Brazil began with the PT.

    The PT government was the first and only in Brazil to combat corruption. At the time of right-wing governments of corruption complaints were shelved by the Prosecutor.

    The PT government gave material and human conditions for the PF and PGR could properly perform its constitutional functions.

    May 16th, 2015 - 02:54 pm - Link - Report abuse 0
  • ChrisR

    @ 5 BRASSO

    If you keep saying that crap to yourself you may come to believe it.

    Just don't try shitting the rest of us.

    May 16th, 2015 - 05:28 pm - Link - Report abuse 0
  • Jack Bauer

    @5 brASSHOLE
    Sure, the PT didn't invent corruption in Brazil, but they took it to unheard of levels.
    That the PT government was the first one to combat corruption is a gross became so big under their government that it could no longer be swept under the carpet. Just look at Lulla, and his 'genius' son....from being the guy who used to clean out the shit from the monkey's cage at the zoo, to billionaire in just 5 years, makes him the smartest guy in the world.....
    You talk of right wing governments in Brazil....after the Military regime, there have been absolutely NO right-wing parties in Brazil....only center-left and far-left....when is your stupid brain going to understand that ?
    Seems you like getting shafted, that's why you keep your head stuck in the sand.

    May 16th, 2015 - 06:35 pm - Link - Report abuse 0
  • yankeeboy

    If not for the inferred State support PBR would be bankrupt. They're supposed to release financials this week. It will be interesting to see if the Market believes the numbers.
    I doubt PBR can survive this mess as a public company.

    How Dilma has survived this is a total indictment of the Brazilian legal/Political system. She should be in jail not running the country into the ground.

    May 17th, 2015 - 12:53 pm - Link - Report abuse 0

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