OPERATING HIGHLIGHTS for Petrobras (PBR)

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PBR » Topics » OPERATING HIGHLIGHTS

This excerpt taken from the PBR 6-K filed Jun 1, 2009.

OPERATING HIGHLIGHTS


		For the first quarter of
4Q-2008		2009	2008

	Average daily crude oil and gas production
2,000	Crude oil and NGLs (mbbl/d) ⁽¹⁾	2,078	1,938
1,865	Brazil	1,952	1,816
121	International	114	108
14	Non-consolidated international production⁽²⁾	12	14
2,568	Natural gas (mmcf/d) ⁽3)	2,424	2,448
1,980	Brazil	1,854	1,824
588	International	570	618


	Crude oil and NGL average sales price *(U.S. dollars* *per bbl)*
47.95	Brazil ⁽⁴⁾	32.23	86.13
47.37	International	39.21	62.23

	Natural gas average sales price *(U.S. dollars per mcf)*
5.79	Brazil	5.25	6.19
2.97	International	2.13	2.83

	Lifting costs (U.S. dollars per boe)
	Crude oil and natural gas – Brazil
8.24	Excluding production taxes ⁽⁵⁾	7.82	8.66
18.11	Including production taxes ⁽⁵⁾	14.69	24.82
5.36	Crude oil and natural gas – international	4.61	4.01

	Refining costs (U.S. dollars per boe)
2.33	Brazil	2.58	3.61
3.70	International	4.57	6.17
	Refining and marketing operations *(mbbl/d)*
2,223	Primary Processed Installed Capacity	2,223	2,167
	Brazil ⁽⁶⁾
1,942	Installed capacity	1,942	1,986
1,708	Output of oil products	1,771	1,776
87%	Utilization	91%	89%
	International
281	Installed capacity	281	181
209	Output of oil products	220	116
64%	Utilization	69%	60%

78	Domestic crude oil as % of total feedstock processed	80	79
	Imports *(mbbl/d)*
276	Crude oil imports	426	352
123	Oil product imports	140	228
	Exports *(mbbl/d)*
559	Crude oil exports ⁽⁷⁾⁽⁸⁾	451	314
231	Oil product exports ⁽⁸⁾	215	259

391	Net exports (imports) of crude oil and oil products	100	(7)

	Other Imports and Exports *(mbbl/d)*
182	Imports of LPG and other products	130	194
1	Exports of other products ⁽⁸⁾	1	2

	Sales Volume (mbbl/d)
1,783	Oil products	1,609	1,703
37	Ethanol and other products	97	76
302	Natural gas	215	302

2,122	Total domestic market	1,921	2,081
791	Exports	667	574
440	International sales and other operations	682	557

1,231	Total international market ⁽⁷⁾	1,349	1,131

3,353	Total	3,270	3,212

(1)	Includes production from shale oil reserves.
(2)	Non-consolidated companies in Venezuela.
(3)	Does not include LNG. Includes reinjected gas.
(4)	Crude oil and NGL average sales price in Brazil includes intra-company transfers and sales to third parties.
(5)	Production taxes include royalties, special government participation and rental of areas.
(6)	As registered by the National Petroleum, Natural Gas and Biofuels Agency (ANP).
(7)	Includes third-party sales by our international subsidiary, Petrobras International Finance Company (PifCo).
(8)	Includes exports in progress.

This excerpt taken from the PBR 6-K filed Jun 13, 2007.

OPERATING HIGHLIGHTS


		For the first quarter of
4Q-2006		2007	2006
	Average daily crude oil and gas production
1,955	Crude oil and NGLs (Mbpd) ⁽¹⁾	1,926	1,909
1,823	Brazil	1,800	1,751
115	International	111	158
17	Non-consolidated international production⁽²⁾	15	-
2,274	Natural gas (Mmcfpd) ⁽3)	2,274	2,214
1,662	Brazil	1,644	1,620
582	International	618	594
30	Non-consolidated international production⁽²⁾	12	-

	Crude oil and NGL average sales price *(U.S. dollars per* *bbl)*
48.70	Brazil ⁽⁴⁾	47.79	53.69
42.47	International	42.40	38.55

	Natural gas average sales price *(U.S. dollars per Mcf)*
2.64	Brazil ⁽⁵⁾	5.45	2.59
2.37	International	2.41	1.91

	Lifting costs (U.S. dollars per boe)
	Crude oil and natural gas – Brazil
17.59	Including government take ⁽⁶⁾	16.24	17.34
7.24	Excluding government take ⁽⁶⁾	7.20	6.32
4.36	Crude oil and natural gas – International	3.89	2.96

	Refining costs (U.S. dollars per boe)
2.71	Brazil	2.54	1.90
2.08	International	2.71	1.57
	Refining and marketing operations *(Mbpd)*
2,227	Primary Processed Installed Capacity	2,227	2,115
	Brazil ⁽⁷⁾
1,986	Installed capacity	1,986	1,986
1,696	Output of oil products	1,781	1,812
85%	Utilization	90%	91%
	International
241	Installed capacity	241	129
204	Output of oil products	260	104
84%	Utilization	85%	80%
78	Domestic crude oil as % of total feedstock processed	77	81
	Imports *(Mbpd)*
408	Crude oil imports	340	344
132	Oil product imports	97	115
	Exports *(Mbpd)*
454	Crude oil exports ⁽⁸⁾⁽⁹⁾	377	262
215	Oil product exports ⁽⁹⁾	247	270

129	Net exports of crude oil and oil products	187	73

	Other Imports and Exports *(Mbpd)*
162	Import of gas and others	146	148
3	Exports of other products ⁽⁹⁾	1	2

	Sales Volume (thousand bpd)
1,711	Oil products	1,652	1,623
42	Alcohol and others	47	42
252	Natural gas	226	232

2,005	Total domestic market	1,925	1,897
672	Exports	625	534
603	International sales and other operations	670	438

1,275	Total international market ⁽⁸⁾	1,295	972

3,280	Total	3,220	2,869

(1) Includes production from shale oil reserves.
(2) Non-consolidated companies in Venezuela.
(3) Does not include liquefied natural gas. Includes reinjected gas.
(4) Crude oil and NGL average sales price in Brazil includes intra-company transfers and sales to third parties.
(5) Internal transfer prices from Exploration and Production to Gas and Energy. The increase in the first quarter of 2007 is due to the new technology that takes in consideration the international natural gas prices as one of the variables.
(6) Government take includes royalties, special government participation and rental of areas.
(7) As per ownership registered with and acknowledged by the National Petroleum Agency (ANP).
(8) Includes third-party sales by our international subsidiary, Petrobras International Finance Company (PifCo).
(9) Volumes of exports include exports in progress.

This excerpt taken from the PBR 6-K filed Jun 28, 2006.

OPERATING HIGHLIGHTS


		For the first quarter of
4Q-2005		2006	2005
	Average daily crude oil and gas production
1,892	Crude oil and NGLs (Mbpd) ⁽¹⁾	1,909	1,711
1,736	Brazil	1,751	1,543
156	International	158	168
2,190	Natural gas (Mmcfpd) ⁽²⁾	2,214	2,184
1,644	Brazil	1,620	1,596
546	International	594	588

	Crude oil and NGL average sales price *(U.S. dollars per* *bbl)*
46.05	Brazil ⁽³⁾	53.69	37.48
36.10	International	38.55	31.31

	Natural gas average sales price *(U.S. dollars per Mcf)*
2.43	Brazil	2.59	1.95
2.01	International	1.91	1.33

	Lifting costs (U.S. dollars per boe)
	Crude oil and natural gas – Brazil
15.96	Including government take ⁽⁴⁾	17.28	13.57
6.07	Excluding government take ⁽⁴⁾	6.32	5.99
3.54	Crude oil and natural gas – International	2.96	2.51

	Refining costs (U.S. dollars per boe)
2.03	Brazil	1.90	1.74
1.35	International	1.57	1.13
	Refining and marketing operations *(Mbpd)*
2,114	Primary Processed Installed Capacity	2,114	2,114
	Brazil
1,985	Installed capacity	1,985	1,985
1,761	Output of oil products	1,812	1,708
91%	Utilization	91%	87%
	International
129	Installed capacity	129	129
107	Output of oil products	104	108
83%	Utilization	80%	83%
79	Domestic crude oil as % of total feedstock processed	81	79
	Imports *(Mbpd)*
360	Crude oil imports	344	322
65	Oil product imports	115	50
154	Import of gas, alcohol and others	148	127
	Exports *(Mbpd)*
301	Crude oil exports ⁽⁵⁾	262	161
250	Oil product exports	255	237
13	Fertilizer and other exports	55	11

15	Net imports	35	90
	Sales Volume (thousand bpd)
1,647	Oil Products	1,649	1,589
33	Alcohol and Others	30	29
239	Natural Gas	232	214

1,919	Total domestic market	1,911	1,832
560	Exports	515	406
375	International Sales and other operations	437	419

935	Total international market ⁽⁵⁾	952	825

2,854	Total	2,863	2,657

(1)	Includes production from shale oil reserves.
(2)	Does not include liquefied natural gas. Includes reinjected gas.
(3)	Crude oil and NGL average sales price in Brazil includes intra-company transfers and sales to third parties.
(4)	Government take includes royalties, special government participation and rental of areas.
(5)	Includes third-party sales by our international subsidiary, Petrobras International Finance Company (PIFCo).

EXCERPTS ON THIS PAGE:

6-K	Jun 1, 2009

6-K	Jun 13, 2007

6-K	Jun 28, 2006

Petrobras (PBR)

PBR » Topics » OPERATING HIGHLIGHTS

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