Brazilian Oil Production Increases By 1.1%

(MENAFN- Brazil-Arab News Agency (ANBA)) Rio de Janeiro – Brazilian oil production reached 3.488 million barrels per day in February this year, according to data released on Tuesday (1^st) in Rio de Janeiro by the country's oil regulator ANP . The result was 1.1% higher than the previous month and 1.2% higher than observed in February 2024.

Of this, 2.74 million barrels per day were extracted from wells located in the pre-salt layer , accounting for 78.6% of the country's total production. Offshore fields were responsible for 97.4% of the 3.488 million barrels.

Natural gas production reached 158.76 million cubic meters per day, showing a 1.2% decrease compared to the previous month. However, when compared to February 2024, there was a 6.8% increase.

Natural gas

The pre-salt layer accounted for 79.4% of the country's natural gas production (126.02 million cubic meters). Of the total gas produced in Brazil, 87.1% came from offshore fields.

The Tupi field, in the pre-salt layer of the Santos Basin, was the largest producing area in February, with 760,730 barrels of oil (21.8% of the country's total production) and 38.17 million cubic meters of gas (24% of the total) per day.

The platform that led production was the FPSO Guanabara, located in the Mero field in the Santos Basin, which extracted 183,580 barrels of oil (5.3% of the country's total) and 12.03 million cubic meters of gas (7.6% of the total) per day from the pre-salt layer.

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Translated by Guilherme Miranda

Supplied/Petrobras

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