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June 14, 2022
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Oil: production under sharing system totals 486 thousand barrels in April

Production on a shared basis increases with the entry of the Búzios Field

The average oil production of the four contracts in the sharing regime reached, in April this year, 486 thousand barrels of oil per day (bpd), an increase of 3% compared to the previous month. The data appears in the Monthly Bulletin of Production Sharing Contracts, released today (13) by Pré-Sal Petróleo (PPSA).Oil: production under sharing system totals 486 thousand barrels in April

The field that produced the most in the period was Búzios, located in the Santos Basin, with 429 thousand bpd. The remainder was produced by Campo de Mero (44 thousand bpd), Entorno de Sapinhoá (8 thousand bpd) and Tartaruga Verde Sudoeste (4 thousand bpd).

In the month in question, the Union was entitled to a portion of 18.8 thousand bpd of total daily production, called Union Oil Surplus. Of this total, 6.9 thousand bpd came from Mero, 6.1 thousand bpd from Búzios, 5.4 thousand bpd from the surroundings of Sapinhoá and 400 bpd from Tartaruga Verde Sudoeste.

PPSA reported that, since the beginning of the historical series of the sharing regime, in 2017, the accumulated production is 167 million barrels of oil. Until April this year, the Union’s accumulated share of oil was 14 million barrels of oil.

Gas

Also in April, total production of natural gas with commercial use averaged 1.39 million cubic meters per day (m³/day) in three contracts. Búzios contributed with 1.16 million m³/day, while Entorno de Sapinhoá and Tartaruga Verde Sudoeste produced 202 thousand and 31 thousand m³/day, respectively. Compared to March, the volume of available gas increased by 19%.

Regarding the Natural Gas Surplus, the Union was entitled to 164 thousand m³/day in April, of which 145 thousand m³/day came from the Sapinhoá surroundings; 16 thousand m³/day from Búzios; and 3 thousand m³/day of Tartaruga Verde Sudoeste. Since 2017, the accumulated production of natural gas with commercial use, under a production sharing regime, has reached 519 million m³, of which 119 million m³ are under Union law.

The PPSA company operates in the management of production sharing contracts, management of the commercialization of oil and natural gas and in the representation of the Union in production individualization agreements.

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