Brazilian oil main Petróleo Brasileiro S.A. (Petrobras) has elevated its proved reserves of oil, condensate, and pure fuel to 11.4 billion barrels of oil equal (Bboe), as of the tip of 2024.
Oil and condensate make up 85 p.c of the reserves, whereas pure fuel makes up 15 p.c, Petrobras mentioned in a information launch.
Petrobras attributed the rise primarily to the progress within the growth of Atapu and Sépia fields, and the great efficiency of its property, highlighting the Búzios, Itapu, Tupi and Sépia fields within the Santos Basin.
- Advertisement -
The corporate had a reserve alternative price (IRR) of 154 p.c, “specializing in worthwhile property and protecting alignment with the seek for a simply power transition, producing worth for society and shareholders,” it mentioned.
Additional, Petrobras reported that it achieved all of the manufacturing targets set in its four-year strategic plan ending 2028, inside a variety of 4 p.c.
The corporate’s complete manufacturing of oil and pure fuel reached 2.7 million barrels of oil equal per day (MMboepd). Business manufacturing of oil and pure fuel reached 2.4 MMboepd, whereas oil manufacturing was 2.2 million barrels per day (bpd), in response to a separate information launch.
Petrobras mentioned it set new annual information for complete owned and operated manufacturing within the pre-salt, at 2.2 MMboepd and three.2 MMboepd, respectively. Pre-salt manufacturing quantity represents 81 p.c of the corporate’s complete manufacturing.
Petrobras famous the startup of two new platforms in 2024: floating manufacturing storage and offloading unit (FPSO) Maria Quitéria, situated within the Jubarte area, within the pre-salt of the Campos Basin; and FPSO Marechal Duque de Caxias, within the Mero area, within the pre-salt of the Santos Basin.
In October 2024, the Maria Quitéria platform ship produced its first oil within the Jubarte area, pre-salt within the Espírito Santo portion of the Campos Basin off the southeastern coast of Brazil. The FPSO can produce as much as 100,000 barrels of oil a day and course of as much as 5 million cubic meters of fuel, Petrobras mentioned. It will likely be interconnected to a complete of eight producing wells and eight injectors. Initially focused for 2025, manufacturing for FPSO Maria Quitéria began forward of schedule.
In 2024, the utmost oil manufacturing capability of the FPSO Sepetiba platform within the Mero area was attained after eight months of operation. The ramp-up of those platforms partially offset the losses ensuing from upkeep stoppages and the decline of mature fields, in addition to the affect on manufacturing as a consequence of unscheduled stoppages decided by the ANP and the results of the Ibama strike, the corporate said.
Final month, Petrobras prolonged the constitution interval for the FPSO Cidade de Angra dos Reis to 2030. The corporate signed amendments to the constitution and repair agreements for the FPSO on behalf of the Tupi area consortium with Tupi Pilot MV 22 B.V. and Modec Serviços de Petróleo do Brasil Ltda. The FPSO Cidade de Angra dos Reis has been working within the Tupi area since October 2010.
Petrobras mentioned that the amendments purpose to allow upgrades to the FPSO, which at present has a manufacturing potential exceeding 50,000 bpd.
Petrobras additionally began industrial operations of its Pure Gasoline Processing Unit (UPGN), situated on the Boaventura Power Advanced in November 2024, which has the capability to course of 10.5 million cubic meters of fuel per day in its first module.
To contact the creator, electronic mail rocky.teodoro@rigzone.com
Generated by readers, the feedback included herein don’t replicate the views and opinions of Rigzone. All feedback are topic to editorial evaluate. Off-topic, inappropriate or insulting feedback can be eliminated.
