PETROBRAS REPORTS MONTHLY PRODUCTION RECORD IN BUZIOS FIELD

Petrobras reports that the platforms (P-74, P-75, P-76 and P-77) installed in the Búzios field, in the Santos Basin pre-salt, reached new monthly production records in July, of 615,000 barrels of oil per day (bpd) and 765,000 barrels of oil equivalent per day (boed). The Búzios field, discovered in 2010, is the largest deepwater oil field in the world. It is a world-class asset with substantial reserves, low risk and low lifting cost.
Búzios oil field is a large ultra-deepwater oil field located in the Santos Basin, about 230 km (140 mi) off the coast of Rio de Janeiro, Brazil. Originally named Franco oil field, it was the second largest pre-salt find in the basin since 2007, behind Lula, which holds between 5 and 8 billion barrels (790 and 1,270 million cubic metres) equivalent and is located just south of the Búzios oil field.
(Source: Petrobras – Imafe: FPSO P-76)