Sub-salt propels Petrobras oil flows in 2015

摘要

Sub-salt flows drove a 5.2pc increase in oil production by Brazil’s state-controlled Petrobras in December, reaching 2.18mn b/d compared with 2.07mn b/d in November. The December level was off from a record 2.21mn b/d set in December 2014. The boost in December helped Petrobras reach its 2015 production goal of 4.5pc over the 2.03mn b/d in 2014. Average production for 2015 was 2.13mn b/d.