PETRÓLEO BRASILEIRO S.A. – PETROBRAS - Form 6-K
 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of October, 2017

PETRÓLEO BRASILEIRO S.A. – PETROBRAS
———————————————————————————————————
(Translation of registrant’s name into English)
 
Avenida República do Chile, 65
20031-912 – Rio de Janeiro, RJ
Federative Republic of Brazil
———————————————————————————————————
(Address of principal executive office)
 
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:  [x] Form 20-F    [ ] Form 40-F
 
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):  [ ]
 
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):  [ ]
 
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934:  [ ] Yes    [x] No
 
If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b):    n/a 
 

Oil and natural gas production in September

Rio de Janeiro, October 18, 2017 – Petróleo Brasileiro S.A. – Petrobras reports
that its total oil and natural gas production in September was 2.79 million
barrels of oil equivalent per day (boed), with 2.68 million boed produced in
Brazil and 106 thousand boed produced abroad.

The average oil production in the country was 2.17 million barrels per day
(bpd), 2.8% above the volume of August. This result is due mainly to operations
getting back to normal, after the scheduled stoppage of FPSO Cidade de Itaguaí
and FPSO Cidade de Maricá, both operating in the Lula field, in Santos Basin
pre-salt.

The natural gas production in Brazil, excluding the liquefied volume, was 81.5
million m³/d, 2.0% above the previous month. This increase was also due to the
operation of the platforms, mentioned above, returning to normal. It is
important to emphasize that the utilization rate of the gas produced in the
platforms operated by Petrobras achieved, for the second consecutive month, a
new monthly record, reaching the mark of 97.0%.


Pre-salt production

In September, the oil and natural gas production operated by Petrobras
(wholly-owned and partner shares) in the pre-salt layer was 1.68 million boed, a
volume 6.6% above than the previous month. This result is also due to the
operation of FPSO Cidade de Itaguaí and FPSO Cidade de Maricá returning to
normal.


Oil and gas production abroad

In September, oil production in overseas fields was 64 thousand bpd, 3.3% above
the volume produced in the previous month. This increase was a consequence of
the production in the producing fields in the USA returning to normal, after the
passage of the Hurricane Harvey.

The natural gas production was 7.2 million m³/d, 6.9% below the volume produced
in August 2017. This performance resulted mainly due the reduction of production
of the Hadrian South field due to operational occurrences.


_______________________________________________________________________________________
www.petrobras.com.br/ir
Contacts:
PETRÓLEO BRASILEIRO S.A. – PETROBRAS | Investor Relations Department | e-mail:
petroinvest@petrobras.com.br
Av. República do Chile, 65 – 10th floor, 1002 – B – 20031-912 – Rio de Janeiro,
RJ | Phone: 55 (21) 3224-1510 / 3224-9947

FORWARD-LOOKING STATEMENTS
This release includes forward-looking statements within the meaning of Section
27A of the Securities Act of 1933, as amended, and Section 21E of the Securities
Exchange Act of 1934, as amended, that are subject to risks and uncertainties.
The forward-looking statements, which address the Company’s expected business
and financial performance, among other matters, contain words such as “believe,”
“expect,” “estimate,” “anticipate,” “optimistic,” “intend,” “plan,” “aim,”
“will,” “may,” “should,” “could,” “would,” “likely,” and similar expressions.
Readers are cautioned not to place undue reliance on these forward-looking
statements, which speak only as of the date on which they are made. There is no
assurance that the expected events, trends or results will actually occur. We
undertake no obligation to publicly update or revise any forward-looking
statements, whether as a result of new information or future events or for any
other reason.

The Company’s actual results could differ materially from those expressed or
forecast in any forward-looking statements as a result of a variety of
assumptions and factors. These factors include, but are not limited to, the
following: (i) failure to comply with laws or regulations, including fraudulent
activity, corruption, and bribery; (ii) the outcome of ongoing corruption
investigations and any new facts or information that may arise in relation to
the “Lava Jato Operation”; (iii) the effectiveness of the Company’s risk
management policies and procedures, including operational risk; and (iv)
litigation, such as class actions or proceedings brought by governmental and
regulatory agencies.  A description of other factors can be found in the
Company’s Annual Report on Form 20-F for the year ended December 31, 2016, and
the Company’s other filings with the U.S. Securities and Exchange Commission.


SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
 
    PETRÓLEO BRASILEIRO S.A. – PETROBRAS
     
Date: October 18, 2017 By: /s/ Ivan de Souza Monteiro

  Name:  Ivan de Souza Monteiro
  Title: Chief Financial Officer and Investor Relations Officer