Brazilian Petrobras’ oil and gas output drops in July

Brazilian Petrobras' total production of oil and natural gas in July totaled 2.74 million barrels of oil equivalent per day (boed), the company announced on Tuesday.

Last month, 2.63 million boed were produced in Brazil and 114,000 boed were produced abroad.

The average oil production in the country was 2.12 million barrels per day (bpd) in July, a 3.3 percent drop compared to June, the company said.

In July, oil production in overseas fields was 65,000 bpd, unchanged from June.

Natural gas production in Brazil, excluding the liquefied volume, was 80 million cubic meters per day, also 0.4 percent lower than the previous month, the company added.

Natural gas production abroad was 8.4 million cubic meters per day, a 2.9 percent increase over the volume produced in June 2017.

By Zeynep Beyza Kilic




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