Petrobras Sets New Records in Oil and Gas Production, Surpassing 3.98 Million boe in Third Quarter

Petrobras has announced a new quarterly record in its operated oil and gas production for the third quarter of the year, achieving an impressive 3.98 million barrels of oil equivalent (boe) per day, marking a 7.8% increase from the second quarter. Additionally, the company set a new monthly production record in September, reaching 4.1 million boe per day, which is 6.8% higher than the production in August. This significant increase in production is primarily attributed to the ramp-up of several platforms. These include the Almirante Barroso platform in the Búzios field and the P-71 platform in the Itapu field, both located in the pre-salt layer of the Santos Basin. Additionally, the Anna Nery and Anita Garibaldi units in the Marlim and Voador fields, situated in the Campos Basin, contributed to this growth.

A contributing factor to this record-breaking performance was the reduced number of maintenance shutdowns on the platforms during this period. This achievement in monthly operated production coincided with a record month in the pre-salt layer, where Petrobras reached 3.43 million boe in September. Moreover, Petrobras reported an accumulated production exceeding 27 billion boe in the third quarter. The company is poised for further growth with the FPSO Sepetiba in the Mero field slated to begin production by the year’s end, marking the deployment of five platforms within a 12-month span.