This compares to the 2.8 million boed produced on average in July and implies a 3.1 percent surge, month-over-month.
Moreover, the company assured, this is a new output record, surpassing the last high of 2.86 million boed set in December 2014. Year-over-year, production saw a 4.5 percent boost – from the 2.76 million boed registered in August 2014.
Corruption ScandalThe news came as a surprise to many investors and analysts, as the company is going through a massive corruption scandal that involves high ranked politicians and public servants.
Despite the turbulence, the company explained that it had managed to hit a new record on the back of the commencement of operation of the FPSO Cidade de Itaguaí on July 31. This platform is anchored in Iracema Norte, in the northwest section of the Lula field, and can process 150 thousand barrels of oil and 8 million cubic meters of gas each day.