Brazil’s total oil and natural gas production reached an unprecedented 5.16 million barrels of oil equivalent per day (boe/d) in July, according to data released by the Brazilian National Agency for Petroleum, Natural Gas and Biofuels. This is reported by TV Cultura, a partner of TV BRICS.
The Monthly Oil and Natural Gas Production Bulletin revealed that this is the highest volume ever recorded, surpassing the 5 million boe/d mark for the first time in the nation’s history.
Specifically, oil production reached 3.959 million barrels per day, marking a 5.4 per cent increase compared to June and a substantial 22.5 per cent rise compared to July of the previous year. Natural gas production also saw significant growth, reaching 190.89 million cubic metres per day (m³/d), up 5.1 per cent from the previous month and 26.1 per cent compared to the same period last year.
A significant portion of this record output originated from the pre-salt layer, which also achieved a new milestone of 4.077 million boe/d. This represents a 5.6 per cent increase over June and a 24.2 per cent increase year-on-year. Pre-salt production, carried out by 169 wells, accounted for a remarkable 79.1 per cent of the total national output.
Breaking down the figures further, oil production from the pre-salt reached 3.148 million barrels per day (exceeding 3 million bbl/d for the first time), while natural gas production hit 147.66 million m³/d.
Offshore fields were responsible for the vast majority of Brazil’s hydrocarbon output, accounting for 97.7 per cent of oil production and 86.1 per cent of natural gas production.
Photo:
iStock / MariusLtu
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