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Petrobras announces proven pre-salt reserves up 43% in 2013

Petrobras announces that its proven pre-salt reserves are up 43% in 2013 compared to 2012. Since 2007, the Company has been adding

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Petrobras announces that its proven pre-salt reserves are up 43% in 2013 compared to 2012. Since 2007, the Company has been adding increasing amounts to its proven reserves coming from the pre-salt layer, which extends from the south of the state of EspĂ­rito Santo to the state of Santa Catarina. Currently, more than a quarter of the proven Petrobras reserves come from the pre-salt. In 2013, forty-two wells were drilled in the pre-salt layer, coupled with the outstanding performance of the production platforms in the Campos and Santos Basins, so allowing reserves to increase by 43%.

Importantly, along with the increase in reserves, production has also increased in pre-salt layer. On January 13, 2014, a second production well, with a production of 28,000 barrels of oil per day, on the Cidade de Paraty platform came on stream in the Lula field. This platform now produces a total of 58,000 barrels of oil per day.

Tags: Petrobras