Petrobras Oct oil output stable at 2 mln bpd
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Carrington [2011-05-20]
RIO DE JANEIRO, Nov 17 - Brazilian state-run oil company Petrobras (PETR4.SA)(PBR.N) said on Tuesday domestic oil output in October stood at 2 million barrels per day, virtually unchanged from the record output of September.
Production remained at record levels in October after the company brought two platforms back online, increased output at the Marlim Sul and Caratinga fields and began production at its Piranema field off the coast of northern Brazil.
Output outside Brazil rose to 153,400 bpd in October from 149,300 bpd the month earlier, taking the company's total production, including natural gas liquids, to 2.154 million bpd, up slightly from 2.153 million bpd in September.
Brazil's Congress is currently discussing legislation that would make Petrobras the sole operator of new projects in the vast offshore subsalt province with a minimum 30 percent stake in those operations.