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Petrobras' pre-salt output increases threefold in 30 months

Xinhua, October 29, 2015 Adjust font size:

Brazil's state-controlled oil company Petrobras' production of the pre-salt reserves has increased threefold in 30 months, the company announced on Wednesday. [ During the ongoing Offshore Technology Conference Brasil held in Rio, Petrobras Director Solange Guedes hailed his company's operational efficiency, which reached 92.4 percent.

"Petrobras reached a unique combination of costs, productivity and efficiency, and as a result, a very competitive portfolio," she said.

Even though Petrobras is suffering from the discovery and subsequent investigation of a major corruption scheme involving several of its directors, the company managed to register good results in its production in 2015.

In addition to increasing the pre-salt output by threefold, Petrobras recently celebrated another important threshold.

In September, its production of oil and natural gas from pre-salt layer reserves exceeded 1 million barrels of oil equivalent per day (boed) for the first time, with output averaging 1.028 million boed in the month. Endi