Send us Feedback

Petrobras (PBR)
Analysis
SUMMARY
BULLS
BEARS
TOPICS
Data
DATA CENTRAL
STOCK CHART
Financials
SEC FILINGS
BALANCE
INCOME
CASH FLOW

PBR » Topics » DISTRIBUTION OF INTERNATIONAL EXPLORATION ACTIVITIES

This excerpt taken from the PBR 20-F filed Jun 30, 2005.

DISTRIBUTION OF INTERNATIONAL EXPLORATION ACTIVITIES

 

     2004
     2003
     2002
  

Argentina

    3.1 %   5.6 %   3.7 %

Bolivia

    0.2     0.7     12.6  

Colombia

    3.5     4.4     11.8  

PEPSA(1)

    2.4     28.7        
    
 
 

South America

    9.2     39.4     28.1  

West Coast of Africa

    52.0     15.6     41.6  

Gulf of Mexico

    36.8     42.5     24.4  

Others

    2.0     2.5     5.9  

Total

    100.0 %   100.0 %   100.0 %
    
           

 

(1) Includes Argentina, Ecuador and Venezuela.

 

Development

 

Over the past three years, we have participated in the development of a number of fields internationally. These include: many fields in Argentina concentrated in Neuquen and Austral basins (the most important fields were Medanito, Puesto Hernandez, Rio Néuquen, Santa Cruz I and Santa Cruz II), three in Bolivia (San Alberto, San Antonio, and Colpa Caranda), six in Colombia (Guando, Rio Ceiba, Yaguara, Venganza, Purificación and Revancha), two in the United States (GB 200 and North Coulomb), one in Angola (Tubarão), one in Nigeria (Agbami), two in Ecuador (Block 18 and Block 31), one in Peru (Lote X) and four in Venezuela (Ortiupano-Leona, Mata, Acema and La Concepción).

 

In 2004, our net production outside of Brazil averaged 168,489 barrels per day of crude oil and NGLs and 94,150 barrels of oil equivalent of natural gas per day at an average lifting cost of U.S.$2.60 per barrel. The following table provides information on the allocation of our international development activities for each of 2004, 2003 and 2002.

 

61

Table of Contents
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki