SAO PAULO -(Dow Jones)- Brazil’s state-run oil firm, Petroleo Brasileiro SA (PBR, PETR4.BR), or Petrobras, will start production Thursday at the pre-salt Baleia Branca oilfield off the coast of the southeastern state of Espirito Santo, the company said. The floating production platform, located about 85 kilometers off the coast of Brazil, will start output of 13,000 barrels of light crude a day and will reach capacity of 20,000 barrels a day by the end of this year, Petrobras said in a regulatory filing.
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Brazil’s Petrobras to Begin Oil Output at Baleia Branca
July 14th, 2010 
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Posted in Finance Fraud 
Tags: Baleia, Br, Branca, Brazil, Dow Jones, Fourth Quarter, Kilometers, Oil Equivalent, Oil Firm, Oil Output, Oilfield, Pbr, Petr4, Petrobras, Production Platform, Sao Paulo, Southeastern State 
Comments OffTiber Prospect – Gulf Oil Well Discovery Is Deepest in World
September 13th, 2009 Before You Invest 250 MILES SOUTHEAST OF HOUSTONBP taps into Tiber Prospect, estimated to have between 4 billion and 6 billion barrels of oil equivalent.Nearly seven miles below the Gulf of Mexico, oil company BP has tapped into a vast pool of crude after digging the deepest oil well in the world.The Tiber Prospect is expected to rank among the largest petroleum discoveries in the United States, potentially producing half as much crude in a day as Alaska’s well-known North Slope oil field.The company’s chief of exploration on Wednesday estimated that the Tiber deposit holds between 4 billion and 6 billion barrels of oil equivalent, which includes natural gas.
Posted in Finance Fraud Tags: Bauer College, Crown Jewel, Global Reserves, Global Studies, Gulf Of Mexico, Gulf Of Mexico Oil, Gulf Oil, Horse Development, Last Frontier, Mount Everest, North Slope Oil, Ocean Floor, Oil Deposits, Oil Equivalent, Oil Producers, Petroleum Industry, Seven Miles, Thunder Horse, Tiber, Water Operations No Comments »
