Petrobras Refineries' Production Is in Full Swing, Reaching 97% Efficiency, Boosting Diesel and Gasoline Output, Capitalizing on Favorable Market Conditions

Petrobras Refineries’ Production Is in Full Swing, Reaching 97% Efficiency, Boosting Diesel and Gasoline Output, Capitalizing on Favorable Market Conditions

Written by Flavia Marinho

Published on 03/08/2022 at 16:28

Updated on 22/08/2022 at 17:47

– Refinaria da Petrobras no Rio de Janeiro (Crédito: Arquivo Petrobras)

Seja o primeiro a reagir!

Pre-Salt Oil Fields Accounted for 73% (1.94 Million Barrels) of All Petrobras Production in the 2nd Quarter of 2022.

The Brazilian oil giant Petrobras highlighted the potential of its refineries in the Production and Sales Report for the 2nd Quarter of 2022, which operated at full capacity and reached a 97% Utilization Factor (UF) by the end of June.

According to the oil company, this UF was achieved after the completion of scheduled maintenance shutdowns at the Henrique Lage Refinery (REVAP) in São José dos Campos (SP) and the Duque de Caxias Refinery (REDUC) in Rio de Janeiro. Petrobras also stated that this performance allowed for greater yields of diesel, gasoline, and Jet A in the quarter, taking advantage of favorable market conditions, while meeting safety, environmental, and product quality requirements, and focusing on value generation.

According to the state-owned company’s report, the volume of derivative sales in the second quarter increased by 1% compared to the first quarter, and the volume of fuel production was 2.6% higher than in the same period last year.

ARTICLE CONTINUES BELOW

Pre-Salt Represented 73% of Petrobras’ Total Capacity

The pre-salt oil fields stood out, accounting for 73% of all Petrobras production during the 2nd Quarter of 2022. They extracted 1.94 million barrels of oil equivalent per day (boed) between April and June.

According to Petrobras’ report, in the quarter, the average daily production of oil, LPG, and natural gas was 2.65 million barrels of oil equivalent, a figure 5.1% below that achieved in the previous quarter due to the commencement of the production-sharing contract for the surplus volumes of the Cessão Onerosa of Atapu and Sépia on May 2, reducing the company’s participation in these fields, along with an increased number of shutdowns for maintenance and interventions on pre-salt and post-salt platforms.

However, there was partial compensation with the start of production from the FPSO Guanabara (Mero field) on April 30, and the continued ramp-up production of the FPSOs Carioca (Sépia field) and P-68 (Berbigão and Sururu fields), located in the pre-salt of the Santos Basin.

The FPSO Carioca reached an average operated production of 155 thousand barrels of oil per day (bpd) in the quarter, and the P-68 reached full production capacity on June 21, allowing the unit to achieve 152 thousand bpd, with an average operated production of 130 thousand bpd for the quarter.

Petrobras stated that these effects were already anticipated and did not impact production expectations for 2022, set at 2.6 million boed, with a variation of 4% either way.

Petrobras Refineries’ Production Is in Full Swing, Reaching 97% Efficiency, Boosting Diesel and Gasoline Output, Capitalizing on Favorable Market Conditions

Pre-Salt Oil Fields Accounted for 73% (1.94 Million Barrels) of All Petrobras Production in the 2nd Quarter of 2022.

Pre-Salt Represented 73% of Petrobras’ Total Capacity

The oldest tree in the world, alive since before the birth of Jesus Christ, is cut down in a scientific study and the case changes environmental preservation rules.

Seen from space, an image taken by an astronaut shows an unlikely oasis in the Saudi Arabian desert, protected by a terrain that slows the advance of sand, surrounded by green circles, remnants of an extinct lake and nearly 10,000 years of preserved history.

While in Brazil a 10-story building takes 2 years to complete, in China a company stacks pre-fabricated modules and raises the entire building in just 28 hours and 45 minutes.

An entire island in the Pacific wants to surround itself with a colossal barrier against the ocean to try to escape increasingly violent waves and not be swallowed by the sea in the coming decades.

After ten days orbiting the Moon, science confirms that the astronauts of the Artemis II mission return with altered bodies.

With 7.4 trillion tons of artificial snow pumped in 10 years, an extreme operation could stabilize the West Antarctic ice sheet and prevent a sea level rise of more than 3 meters, but it would require snow cannons, ocean water, and energy on an almost industrial scale at the end of the world.

Peru built a tunnel at an altitude of 4,738 meters cutting through the Andes Mountains, and the road leading to it reaches 4,818 meters, making it the highest paved road in the entire world.

A 13-year-old boy did what professional archaeologists never managed to do in Berlin by finding a 2,300-year-old Greek coin that proves the ancient Greeks traveled much further than anyone imagined.

Goodbye to the light meter that only reveals consumption at the end of the month; smart meters are advancing in Brazil, showing usage almost in real-time and opening a new era of control over the electricity bill.

Scientists were searching for human DNA in a 700-year-old mummy in the Andes but found something unexpected that could change what is known about the origins of respiratory diseases in pre-Columbian America.

China launched a campaign to discredit the new sixth-generation fighter jet from the U.S., and among the arguments is the price of $300 million per unit and America’s dependence on minerals controlled by Beijing.

Elon Musk’s technology arrives in Brazil, and a snack seller goes viral for using Starlink internet with satellites 550 km from Earth connected to her motorcycle.

Petrobras Refineries’ Production Is in Full Swing, Reaching 97% Efficiency, Boosting Diesel and Gasoline Output, Capitalizing on Favorable Market Conditions

Pre-Salt Oil Fields Accounted for 73% (1.94 Million Barrels) of All Petrobras Production in the 2nd Quarter of 2022.

Pre-Salt Represented 73% of Petrobras’ Total Capacity

The oldest tree in the world, alive since before the birth of Jesus Christ, is cut down in a scientific study and the case changes environmental preservation rules.

Seen from space, an image taken by an astronaut shows an unlikely oasis in the Saudi Arabian desert, protected by a terrain that slows the advance of sand, surrounded by green circles, remnants of an extinct lake and nearly 10,000 years of preserved history.

While in Brazil a 10-story building takes 2 years to complete, in China a company stacks pre-fabricated modules and raises the entire building in just 28 hours and 45 minutes.

An entire island in the Pacific wants to surround itself with a colossal barrier against the ocean to try to escape increasingly violent waves and not be swallowed by the sea in the coming decades.

After ten days orbiting the Moon, science confirms that the astronauts of the Artemis II mission return with altered bodies.

With 7.4 trillion tons of artificial snow pumped in 10 years, an extreme operation could stabilize the West Antarctic ice sheet and prevent a sea level rise of more than 3 meters, but it would require snow cannons, ocean water, and energy on an almost industrial scale at the end of the world.

Peru built a tunnel at an altitude of 4,738 meters cutting through the Andes Mountains, and the road leading to it reaches 4,818 meters, making it the highest paved road in the entire world.

Iran said that the Strait of Hormuz is open, but in practice only 1 non-Iranian oil tanker managed to cross in 24 hours — before the blockade, 100 ships passed per day.

Petrobras completes 1,300 hours of work and 15 km of subsea lines to connect the Búzios 90 well to the P-79 — the platform is ready to produce 180,000 barrels per day and is just awaiting ANP approval.

Iran declares the Strait of Hormuz completely open this Friday, and the price of oil plummets nearly 10% in a few hours — the largest drop since the beginning of the conflict.

While the world was paying more for fuel, the 100 largest oil companies on the planet raked in an extra $23 billion in just 30 days of blockage in the Strait of Hormuz.

Petrobras buys 75% of Oranto and becomes the operator of block 3 in São Tomé and Príncipe, resuming its strategy in Africa to diversify its portfolio and replenish oil and gas reserves.

A 13-year-old boy did what professional archaeologists never managed to do in Berlin by finding a 2,300-year-old Greek coin that proves the ancient Greeks traveled much further than anyone imagined.

Goodbye to the light meter that only reveals consumption at the end of the month; smart meters are advancing in Brazil, showing usage almost in real-time and opening a new era of control over the electricity bill.

Scientists were searching for human DNA in a 700-year-old mummy in the Andes but found something unexpected that could change what is known about the origins of respiratory diseases in pre-Columbian America.

China launched a campaign to discredit the new sixth-generation fighter jet from the U.S., and among the arguments is the price of $300 million per unit and America’s dependence on minerals controlled by Beijing.

Elon Musk’s technology arrives in Brazil, and a snack seller goes viral for using Starlink internet with satellites 550 km from Earth connected to her motorcycle.