Brazil set a new record with a production of 6.12 million barrels of oil equivalent and natural gas per day (MMboed) in September 2023. This production level reflects a 2.1 percent increase compared to the previous month and a 20.3 percent increase compared to September 2022. Previously, the production record was set in August 2023 at 6 MMboed.
Pre-salt Production Record
Oil production in September reached 4.711 million barrels per day (MMbpd), indicating a 2.1 percent increase compared to August and a 20.3 percent increase compared to September last year. Additionally, natural gas production increased to 223.98 million cubic meters per day (MMcm/d), equivalent to 7.9 billion cubic feet per day (Bcfd), which is 1.6 percent higher than August and 17.5 percent higher than last year.
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Oil Field Performance
Pre-salt production was recorded at 5.1 MMboed, accounting for 83.3 percent of national production. This production level represents a 2.9 percent increase compared to the previous month and a 23.1 percent increase compared to last year. Pre-salt production includes 3.945 million barrels of oil and 183.66 million cubic meters of gas from 205 wells.
The Buzios field in the Santos pre-salt basin is the largest oil producer with 1.19 million barrels per day and gas with 49.99 million cubic meters per day. Additionally, the FPSO Almirante Tamandaré facility in the Buzios field, with a production of 259,514 barrels per day, is the largest oil-producing facility, while the FPSO Sepetiba in the Mero field, with 13.55 million cubic meters per day, is the largest gas-producing facility.
Offshore fields account for 98.1 percent of oil production and 89 percent of gas production. Petrobras-operated fields, either alone or with partners, accounted for 87.02 percent of total production. Production comes from 6,759 wells, including 604 offshore wells and 6,155 onshore wells.
Gas utilization was 98.2 percent, with approximately 66.37 million cubic meters per day (2.34 Bcfd) supplied to the market, and the amount of gas flared reached 4.14 million cubic meters per day (146 MMcfd), which is a 0.4 percent decrease compared to August and a 1.1 percent increase compared to last year.
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