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The company achieved historic production marks in the pre-salt oil field and production operated during the period. Furthermore, refinery performance achieved its best quarterly result since 2014, in terms of load factor.
Petrobras production records growth of more than 9% in the third quarter, reaching record results both in pre-salt how much in refineries. According to Petrobras Third Quarter Production and Sales Report, released this Wednesday (26/10), the company achieved an average production of 2,88 million barrels of oil equivalent per day (boed), an increase of 9,1% compared to the second quarter of 2023.
This growth was driven by operating performance of the pre-salt platforms, which presented a high level of productivity. Furthermore, the reduction in the volume of production losses due to stoppages and maintenance of units also contributed to the increase in the company's production. Highlight the growth in production of the P-71 platform, in the Itapu field, of the FPSO Almirante Barroso, in the Búzios field, and of the FPSO Anna Nery, in the Marlim field.
Robust Growth in Petrobras Production
The entry into operation of the FPSO Anita Garibaldi in the Marlim and Voador fields, as well as the contribution of new wells from complementary projects in the Campos and Santos Basins, were also factors that boosted Petrobras' production.
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An important milestone was the record production in the pre-salt, which reached the mark of 2,25 million barrels of oil equivalent per day (boed), representing 78% of Petrobras' total production. This result surpassed the previous record of 2,06 million boed in the second quarter of 2023. Total production operated by Petrobras also reached a record, reaching 3,98 million boed in the same period, an increase of 7,8% compared to to the second trimester.
In the Búzios field, the FPSO Almirante Barroso reached its maximum capacity of 150 thousand barrels per day (bpd) in just 146 days after the first oil, a pre-salt record. The Búzios field stands out as the largest deepwater field in the world, with a low level of emissions e substantial reserves.
Another highlight was the arrival in Brazil of the FPSO Sepetiba, which will be installed in the Mero field, in the pre-salt of the Santos Basin. With capacity to produce 180 bpd and 12 million cubic meters of gas per day, the FPSO is in the anchoring and interconnection phase and is expected to begin operations by the end of the year.
Subtitle 2: Notable Advances in Refineries and Commitment to Sustainability
With regard to the refineries, the utilization factor (FUT) reached 96% in the third quarter, the best quarterly result since 2014. This made it possible to meet market demands with reliability and operational availability, resulting in a total production of oil products of 1.829 million barrels per day ( Mbpd) in the period. The production of diesel, gasoline and QAV represented 69% of total production, an increase of 2 percentage points compared to the second quarter.
Petrobras also reduced its greenhouse gas emissions, achieving the best quarterly results for refineries in Energy Intensity and Greenhouse Gas Emission Intensity. This was possible due to investments in the RefTOP Program (World Class Refining) and advances in energy efficiency.
In the third quarter, S-10 diesel sales hit a record of 496 thousand barrels per day (bpd), representing 62% of the total diesel sold by Petrobras. Production of S-10 diesel also reached a record of 464 thousand bpd, the result of optimization actions in production processes and investments.
In summary, Petrobras' own production grew significantly in the third quarter, recording records both in the pre-salt and in the refineries. The company continues to invest in projects and innovative technologies to ensure increased production and reduced emissions, contributing to the development sustainable of the oil and gas sector in Brazil.
