Petrobras' total oil and natural gas production in Brazil averaged 2.441 million barrels of oil equivalent per day (boed) in December 2012, up 3.4% on November 2012. With foreign production included, Petrobras produced an average of 2.683 million boed, up 4.2% on November.

With exclusive oil and NGL production in Brazil, Petrobras' production amounted to 2.032 million barrels per day (bpd) in December, representing a 3.2% increase compared to November. Total Petrobras operated production was 2.056 million bpd.

This was mainly due to an increase in production on the FPSO Cidade de Anchieta, in the Baleia Azul field, which produced 77,700 bpd in December. Another factor that contributed to the rise in production was improved operational efficiency in the Campos Basin, reflecting the positive effects of the PROEF (Operational Efficiency Improvement Program).

Petrobras' non-liquefied natural gas production in Brazil reached 64.959 million cubic meters per day, up 4.5% on November 2012. Total Petrobras operated production was 71.040 million cubic meters per day.

Tags: Petrobras