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Petro Rio S.A. HRTPF

"Petro Rio SA is engaged in exploration and production of oil and gas in Brazil and abroad. The Company is currently engaged in the hydrocarbon production in Polvo field."


GREY:HRTPF - Post by User

Bullboard Posts
Comment by fritz3on Aug 09, 2011 6:32am
330 Views
Post# 18920446

RE: RE: SOLIMOES NO DRY HOLE

RE: RE: SOLIMOES NO DRY HOLEWell, robnhood, your quote says '2,120 thousand barrels a day'. We could start to discuss the meaning of the comma (delimiting thousands from hundreds or integers from fractions). But it's a lot easier to simply look at a little bit more of your text:

The monthly average for December will be approximately 2,120 thousand barrels a day, against the previous record from April at 2,033 thousand barrels. The volume produced over the month is 4.4% higher than the production achieved in November this year (2,030 thousand bpd).

So, Petrobras produced more than 2 million barrels a day in Brasil in December. From my point of view it might very well be that around 100 thousand of these came from the Solimoes.
Bullboard Posts