PRE-SALT PRODUCTION BREAKS HISTORICAL RECORD IN JULY

The pre-salt output totaled 2,806 MMboe/d (million barrels of oil equivalent) in July, of which 2,221 MMbbl/d (million barrels per day) were oil and 93.1 MMm³/d (million cubic meters daily) of natural gas. As a result, it surpassed the production of August 2020 which was the highest ever recorded. There was an increase of 3.4% compared to the previous month and 2.5% compared to the same month in 2020. Pre-salt output corresponded to 71.6% of the total portion of Brazil’s pre-salt. Domestic production totaled 3,920 MMboe/d, with 3,045 MMbbl/d of oil and 139 MMm3/d of natural gas. Natural gas production surpassed the record registered in January 2020, when 138.7 MMm3/d were produced. Oil production averaged 3 MMbbl/d, a level which had not been reached since August 2020, when 3.084 MMbbl/d were produced. Oil production increased by 4.9% when compared to the previous month and dropped by 1.1% compared to July 2020. Natural gas production increased by 2.5% compared to the previous month and 6.8% compared to July 2020.

Source: DATAGRO (*Translated by Ia Niani)