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Oil and natural gas production up in September

Oil and gas

According to Petrobras, positive results were the result of the resumption of operations in pre-salt areas

In September, the production of oil and natural gas registered progress, compared to the previous month. Petrobras data show that, in total, there were 2.79 million barrels of oil equivalent per day, 1.68 million of which were in the pre-salt layer alone.

In the month, average oil production was 2.17 million barrels a day, 2.8% higher than in August. Meanwhile, natural gas production reached 81.5 million cubic meters per day, higher than in August. In this case, the gas used in the platforms was record for the second consecutive month, reaching the mark of 97%.

According to the state-owned company, this value is due to the normalization of operations in the pre-salt layer in Macaé and Itajaí, in the Santos Basin.

Strong production

Increase in production - especially the pre-salt - and new regulatory measures that pleased investors make the year positive for the oil and gas sector. In July, for example, data released by Petrobras showed that oil production in the pre-salt reached a record, with the withdrawal of 1.35 million barrels per day.

This was also the first time that the pre-salt exceeded the post-salt level in terms of production.

Live auctions

Next week, Brazil holds the second and third rounds of bids for pre-salt areas. It will be the first auction exclusively of blocks located in this area, after new regulatory measures and increased oil production.

In addition to Petrobras itself, there are important companies interested in closing deals such as ExxonMobil in the United States; Repsol of Spain; and Total, of France, among others.

Source: Government of Brazil, with information from Petrobras and ANP