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Petrobras

Investor Relations

Petrobras surpasses the 1.83 million barrel per day mark in Brazil

(Rio de Janeiro, June 24, 2005). – PETRÓLEO BRASILEIRO S/A - PETROBRAS, [Bovespa: PETR3/PETR4, NYSE: PBR/PBRA, Latibex: XPBR/XPBRA], a Brazilian international energy company, announces that it has taken one further step towards achieving the target of Brazilian self-sufficiency - now close to being met -, on June 23 2005, lifting a total of 1,834,505 barrels.

This was approximately 15,000 barrels more than the previous record of May 12 2005 (1.820,000 barrels); 6.1% higher than the last monthly record in May of this year (1,729,000 barrels per day); 13.7% higher than the average for the first five months of 2005 (1,613,000 barrels per day) and 22.9% above the average output for 2004 (1,493,000 barrels per day). This is the tenth daily production record Petrobras has reported in 2005, and similar to the others, reflects the exceptional operating performances of the platforms in the Campos Basin and enhanced recovery from fields located in mature production areas in the North and North East regions and the state of Espírito Santo.
 

DATE
 
RECORD PRODUCTION AMOUNTS (in barrels)
 
March 30 2005
 
1,650,947
 
April 4 2005
 
1,666,492
 
April 5 2005
 
1,703,789
 
April 6 2005 
 
1,720,096
 
April 18 2005
 
1,725,351
April 19 2005
 
1,759,300
 
April 24 2005 1,768,140
 
April 25 2005
 
1,791,615
May 12 2005
 
1,819,604
 
June 23 2005 1,834,505

Platforms P-43 in the Barracuda Field and P-48 in the Caratinga field, recently installed in the Campos Basin, operated at full capacity and together, contributed 308,000 barrels to the latest daily production record.

 

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