Petrobras’ Q3 oil and gas output rises 17% from a year earlier

RIO DE JANEIRO, Oct 24 (Reuters) – Brazilian state-run oil firm Petrobras reported on Friday a total oil, gas and gas liquids production of 3.14 million barrels of oil equivalent per day (boed) in the third quarter, up some 17% from a year earlier.

Petrobras produced 2.52 million barrels of oil per day (bpd) in Brazil, an increase of more than 18%, as 11 wells began production in the third quarter, according to a securities filing.

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Total sales of oil, gas and derivatives rose nearly 10% in the period to 3.26 million bpd, while exports reached 1.04 million bpd, up 29%.

Reporting by Fabio Teixeira and Marta Nogueira in Rio de Janeiro; additional reporting by Andre Romani in Sao Paulo; Editing by Natalia Siniawski

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