The oil-producing field in the Santos Basin pre-salt has just reached an impressive milestone: the Tupi field reached the unprecedented mark of 3 billion barrels of oil equivalent (boe) produced, Petrobras reported. In operation for 15 years, this is the first time that a producing area in Brazil has reached such an extraction volume, highlighting the productivity and potential of the pre-salt area, one of the most promising in the world.
Opened in 2010, after successful tests that confirmed the presence of vast oil reservoirs discovered in 2006, the Tupi field remains the main oil-producing field in the Brazilian pre-salt layer. Operated by Petrobras, with a 65% stake, and in partnership with Shell (25%) and Petrogal (10%), the field uses seven FPSO (Floating Production Storage and Offloading) platforms for deepwater extraction. Petrobras reaffirmed the importance of this milestone in its Production and Sales Report for the third quarter of 2024, highlighting the robustness of production in the Santos Basin.
In addition to the pre-salt oil producing field
Despite the focus on Tupi, Petrobras announced other promising initiatives. The FPSO Maria Quitรฉria platform recently began operating in the Jubarte field, in the pre-salt layer of the Campos Basin, and other platforms are expected to start operating soon. Among them are the FPSO Marechal Duque de Caxias, destined for the Mero field, and the FPSO Almirante Tamandarรฉ, which will be the first to operate in the Bรบzios field, both in the Santos Basin.
The state-owned company's total oil and gas production in the third quarter was 2,69 million barrels of oil equivalent per day (boed), a slight decrease compared to the previous quarter, which closed at 2,70 million boed, but lower than the same period in 2023, when it recorded 2,88 million boed. This small variation, according to Petrobras, is part of an efficiency and planning strategy, focused on maintaining operational integrity and sustainability.
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Growth in refining and decarbonization initiatives
Petrobras also highlights the progress in the refining area of oil, recording in September a use of 97% of the capacity of its refineries, the highest rate of the year. This result reflects the efficiency and integration of Petrobras' operations, driven by the increase in demand for diesel, which rose 6% in the quarter.
This increase was influenced by the harvest season and the increase in industrial activity. In the field of renewable fuels, Petrobras has been advancing with Diesel R, a diesel with renewable content that is already being tested by Vale trucks, in a partnership focused on sustainability, in addition to oil.
Fuels are increasingly greener
According to Petrobras CEO Magda Chambriard, the state-owned company is committed to decarbonization and innovation in its fuel line. โWe are developing increasingly greener fuels and honoring our decarbonization commitment. The partnership with Vale is one of the actions that strengthens our strategy of offering more sustainable products to the market,โ she said.
This conquest of the oil-producing field in the Tupi pre-salt solidifies Petrobras' position as a leader in deep-water exploration, highlighting the relevance of pre-salt for the energy sector and the sustainable future of industry in Brazil.