Oil production in Brazil has increased

According to the Organization of Petroleum Exporting Countries (OPEC), Brazil's production in December last year was higher since June 2017. In comparison with the month of November, the increase was 99000 barrels of oil per day, with the average productivity equivalent to 2,670,000 of bpd. The value, represented an enlargement of 54 million barrels, being the highest increase of the year 2018.

The reason for this result was the largest oil supply in the Green Turtle field, which is connected to FPSO Campos dos goytacazes through new wells. Although the elevation occurred, OPEC stressed that crude oil production declined from 4 million to 2,580,000 barrels per day in 2018.

The expectation is that the oil supply in Brazil increases by 360,000 bpd to an average of 3,630,000 this year. The progress occurred in the expansion of the southern region of Lula, with the platform P-69, beginning of production in Sururu, platform P-68, and the northern area of the Lula field, with the platform P-67.

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