Petrobras Begins Production at Campos Basin

Brazil's state-run oil company Petrobras has started output at its P-52 platform in the Campos Basin, expected to produce 180,000 barrels of oil a day.

The platform will pump an initial 20,000 barrels a day from the Roncador light oil field, and is likely to reach a peak output of 180,000 barrels a day in the second half of 2008, says Petrobras.

The Roncador field, which also produces gas, lies in deep waters 125km off the coast of Rio de Janeiro state.

By staff writer