Petrobras’ production, reserves continue upward trajectories

Jan. 29, 2024
Petrobras’ oil and gas production last year averaged 2.78 MMboe/d, 3.7% up on the figure for 2022.

Offshore staff

RIO DE JANEIRO, Brazil — Petrobras’ oil and gas production last year averaged 2.78 MMboe/d, 3.7% up on the figure for 2022.

Presalt output accounted for 78% of the total, at 2.17 MMboe/d compared with 1.97 MMboe/d the previous year. And the company also achieved record total operated oil and gas production of 3.87 MMboe/d.

Highlights of the year included four new FPSOs coming onstream: Anna Nery and Anita Garibaldi at the Marlim and Voador Revitalization Project in the Campos Basin as well as Almirante Barroso at Búzios and Sepetiba at the Mero Field, both in the Santos Basin. 

During 2023, the P-71 platform at the Itapu Field, the FPSO Guanabara at Mero Field and Almirante Barroso all reached peak production capacity.

Petrobras added 1.5 Bboe to its reserves, which it currently estimates at 10.9 Bboe, mainly the result of good performance, notably at the Búzios, Tupi and Atapu fields in the Santos Basin; and the declaration of commerciality of the Equinor-operated Raia Manta and Raia Pintada fields in the Campos Basin.

01.29.2024