Union: oil volume by sharing contracts grows by 50%

According to the Monthly Bulletin of Production Sharing Contracts released by Pre-Salt Petroleum (PPSA), last Monday (13), the volume of oil obtained by the Union with the contracts of the sharing regime grew 50% in the first five months of 2020, compared to the same period of 2019. 

According to PPSA, in the period between January and May of this year, the union's oil share in the three contracts that are already in production reached 1.5 million barrels. In May, the daily average produced in the pre-salt sharing regime fell 25%, compared to April, due to the 8-inch oil production line change procedure for the 6-inch service line at the end of April, in addition to the interruption of production due to waves above 4 meters at the end of May. 

Compared to the same period in 2019, the production of the three consortia considered in the bulletin grew by 5%. The report also reported that of the 17 contracts signed in the sharing regime, three are already in the production phase: Libra, Entorno de Sapinhoá and Sudoeste de Tartaruga Verde.

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