97,6% of all national oil production and 86% of gas production came from offshore exploration. Fields operated by Petrobras

According to the Oil and Natural Gas Production Bulletin, released today (2) by the ANP, Brazil ended April with 2,958 million barrels of oil a day, which despite being considerably stable, represents a drop of 0,5 .XNUMX% compared to the previous month. Petrobras puts up for sale stake in exploratory blocks in the Espírito Santo Basin

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Natural gas production ended April at 124 million m³/day, which represents an increase of 1,9% compared to March.

97,6% of all national oil production and 86% of gas production came from offshore exploration. Fields operated by Petrobras, in a consortium or not, produced 94,9% of the oil and natural gas.

According to data from the National Agency of Petroleum, Natural Gas and Biofuels – ANP, 113 pre-salt wells currently produce 2,057 million barrels/day of oil and 85,964 million m³/day of natural gas, which represents 70% of oil and gas production in Brazil

The Lula field, the first development of pre-salt production by Petrobras, is the largest producer in the country, with 1 million barrels per day of oil and 45,7 million m³/day of natural gas.

FGV brought together the presidents of the 6 largest oil companies in the world for a debate on the impact of Covid-19 on the oil industry in Brazil

At the meeting, the president of Petrobras, Roberto Castello Branco, even mentioned that the current foreign investments were only possible due to a more flexible local content, but he mentioned that there is still much to be done to make the legislation favorable to investments, without explaining why the last auctions did not attract foreign capital and only had offers from Petrobras and the Chinese, even so in consortium with the Brazilian state-owned company.

In this same meeting promoted by FGV, Castello Branco also said that the sharing regime is bad for the state. The concessions regime was also defended by Shell's CEO, André Araújo, while Equinor's VP, Paulo Van Der Vem, pointed out that although the company is cutting US$ 400 million in projects around the world, investments in Brazil will not be reduced and highlighted the company's projects in Brazil in the Bacalhau, Pão de Açúcar and Peregrino Phase 2 fields. Watch the full debate video here!