BRAZIL’S OIL PRODUCTION SURGES IN NOVEMBER, SAYS ANP

Brazil’s Agency for Petroleum, Natural Gas and Biofuels (ANP) reported on Thursday (16) that Brazil’s oil production totaled 2.85 million barrels per day in November, compared to 2.78 million bpd in the previous month. Pumping also increased compared to November 2020, when extraction totaled around 2.75 million bpd. The production of natural gas, in turn, totaled 136.58 million cubic meters of natural gas per day (m³/day) in November, compared to 131.7 million m³/day in the previous month and 126.4 million m³ /day a year earlier. ANP said in a note that oil production in the Cessão Onerosa fields, in the Santos Basin pre-salt, surpassed the mark of 1 million barrels of oil equivalent per day (boe/d) in November. “It was the highest percentage of participation in national production ever registered, representing 27.05% of the national total, which was 3,710,774 boe/d in November”, said the entity.

Sources: Reuters/Notícias Agrícolas (*Translated by Ia Niani)