RIO DE JANEIRO--Crude-oil output in Brazil declined in April, according to data released Wednesday by Brazil's National Petroleo Agency, or ANP.
Brazil produced an average of 2.022 million barrels of crude oil per day in April, down 3.2% from March's 2.085 million barrels, ANP said.
Oil output in Brazil has been affected in recent months by maintenance work at offshore oil platforms and the decision by U.S. oil major Chevron Corp. (CVX) to halt output at the Frade field, where a drilling accident last November caused an estimated 2,400 to 3,000 barrels of crude oil to seep into the Atlantic Ocean from cracks on the seabed. Chevron stopped production to better study the geology of the area after fresh seeps appeared in a separate area of the field in March.
Natural-gas output also declined month-on-month in April, ANP said. Brazil produced about 65 million cubic meters per day during the month, down from 66 million cubic meters of natural gas in March.
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(END) Dow Jones Newswires
June 06, 2012 14:14 ET (18:14 GMT)
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