Friday 9 January 2015

Otmane El Rhazi : Presalt oil and natural gas provide an increasing share of Brazil's production

Otmane El Rhazi from Today in Energy.



In 2013, Brazil produced 2.0 million bbl/d of crude oil and nearly one Tcf of gross natural gas. The share of this production from presalt resources found under thick layers of salt thousands of feet below the ocean's surface is small, but continues to increase. Crude oil production from the presalt layer was 15% of total production in 2013, up from 0.4% in 2008 when oil from the presalt was first produced. Similarly, Brazil's presalt natural gas production represents 14% of total production, up from 0.5% in 2008.

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